September producer prices data
TLT•U.S. final-demand producer prices rose 1.3% in September and 6.3% from a year earlier, compared with economists’ forecasts of 0.5% and 5.3%. Excluding food and energy, prices rose 0.7% for the month and 5.0% year over year, versus forecasts of 0.3% and 4.4%.
1. Producer price increases
The Labor Department’s data showed final-demand producer prices rose 1.3% in September, after a 0.5% increase in August. Final-demand energy prices rose 10.8% in September, while unprocessed intermediate goods prices increased 8.4%.
