Higher US producer prices “not enough to fuel inflation”

14 October 2020

 

Summary: Prices received by producers increase by 0.4% on average in September; rise noticeably higher than expected; annual “core” PPI rate doubles (from low base); long-term US bond yields unchanged on day; PPI rise driven equally by goods and services prices.   Around the end of 2018, the annual inflation rate of the US producer price index (PPI) began a downtrend which then continued through 2019. Months in which prices...

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