US September PPI +1.4% vs +1.8% y/y expected

Author: Adam Button | Category: News

September PPI data

  •     Prior was +1.8% y/y
  •     Ex food and energy +2.0% y/y vs +2.3% exp
  •     Prior ex food and energy +2.3% y/y

  •     PPI -0.3% vs +0.1% exp
  •     Prior +0.1%
  •     Ex food and energy -0.3% m/m vs +0.3% expected
  •     Prior ex food and energy +0.3%
This was a big miss and raises some questions about the CPI report later this week. The headlines is the lowest since Nov 2016.
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