Business absorbing tariffs; US PPI falls

08 October 2019

 

Around the end of 2018, the annual rate of prices received by producers began a downtrend which then continued through 2019. A month ago, there was some suggestion this trend may have finished. However, the latest figures have done away with this idea. The latest figures have been published by the Bureau of Labor Statistics and they indicate producer prices fell by 0.3% after seasonal adjustments in September. The result...

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