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ECON: Producer Price Index Signals Lower Than Expected Inflation
Posted to:
Micro News
Wednesday, November 14, 2012 8:55 AM
- Headline PPI -0.2 vs +0.2 consensus, +1.1 in Sept
- Core PPI -0.2 vs +0.1 consensus, biggest drop since Oct 2010
The Producer Price Index for finished goods declined 0.2 percent in October, seasonally
adjusted, the U.S. Bureau of Labor Statistics reported today. Prices for finished goods increased
1.1 percent in September and 1.7 percent in August. At the earlier stages of processing, prices
received by manufacturers of intermediate goods edged down 0.1 percent in October, and the
crude goods index moved up 0.9 percent. On an unadjusted basis, the finished goods index
advanced 2.3 percent for the 12 months ended October 2012, the largest rise since a 2.8-percent
increase for the 12 months ended March 2012.
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James Authentic Hermes Bags Handbags bsjuehynb Bowboro Village
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YOUR MESSAGE HERE
ECON: Producer Price Index Signals Lower Than Expected Inflation
Posted to:
Micro News
Wednesday, November 14, 2012 8:55 AM
- Headline PPI -0.2 vs +0.2 consensus, +1.1 in Sept
- Core PPI -0.2 vs +0.1 consensus, biggest drop since Oct 2010
The Producer Price Index for finished goods declined 0.2 percent in October, seasonally
adjusted, the U.S. Bureau of Labor Statistics reported today. Prices for finished goods increased
1.1 percent in September and 1.7 percent in August. At the earlier stages of processing, prices
received by manufacturers of intermediate goods edged down 0.1 percent in October, and the
crude goods index moved up 0.9 percent. On an unadjusted basis, the finished goods index
advanced 2.3 percent for the 12 months ended October 2012, the largest rise since a 2.8-percent
increase for the 12 months ended March 2012.
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