Septemeber US producer price index highlights
– PPI ex food and energy +0.2%m/m vs +0.1% m/m
– Ex food, energy and trade +0.3% vs +0.1% m/m
– Final demand +0.7% vs +0.6% y/y
It’s only a touch on the hot side but it will be more-than-enough to get the hawks attention.
