Tuesday, October 20, 2009

U.S. Producer Prices decline in September

U.S. PPI reported this morning unexpected decline in September. How about inflation?

  • The 0.6 percent decrease in prices paid to factories, farmers and other producers lower form estimeated that PPI would be unchanged.
  • Core PPI that excluding food and fuel declined 0.1 percent.
  • Companies paid 4.8 percent less for goods year on year.
  • Core PPI were 1.8 percent higher than last year.
  • Energy costs plunged 22.1 percent year on year.
  • The cost of food fell 0.1 percent from August.
link to U.S. PPI

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