Producer price inflation for final manufactured goods slowed to just +1.0% y/y in September, from +2.8% y/y in August, beating consensus estimates of +1.2% y/y. September’s print is the lowest PPI reading since June 2020.
Producer price inflation for final manufactured goods slowed to just +1.0% y/y in September, from +2.8% y/y in August, beating consensus estimates of +1.2% y/y. September’s print is the lowest PPI reading since June 2020.
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