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via seekingalpha.comEconomy

Producer Price Index rises 1.3% in September, better than expected

FROM THE WIRE · SEEKINGALPHA.COM

Headline PPI was up 1.3% in September, better than the expectations of 0.6%.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA PPI far above expectations can fuel inflation fears and pressure on rates.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Headline PPI rose 1.3% in September.
  2. 02Expectations were for a 0.6% increase.
  3. 03The reading was better than forecast.

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