US PPI jumps; trend still down

14 November 2019

 

Around the end of 2018, the annual rate of prices received by producers began a downtrend which then continued through 2019. Recent figures had suggested this trend may have finished, although the latest figures have retained some ambiguity in this regard.  The figures from October have been published by the Bureau of Labor Statistics and they indicate producer prices increased by 0.4% after seasonal adjustments. The result was above the...

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