- Prior +0.5%
- PPI -9.4% vs -9.5% y/y anticipated
- Prior -12.4%
Wanting on the breakdown, the rise largely comes from a push increased in power costs (+1.0%) on the month. There was additionally a rise in costs for sturdy shopper items (+0.1%) whereas costs remained steady for capital items. In the meantime, there have been declines within the costs of non-durable shopper items (-0.1%) and intermediate items (-0.3%). Should you strip out power costs, producer costs truly declined by 0.2% in October.
This text was written by Justin Low at www.forexlive.com.
