TeleTrade - Analytics

    TeleTrade

    772.50 6.50/10
    81% of positive reviews
    Real

    14.10.2015 13:11 U.S. producer price falls 0.5% in September

    The U.S. Commerce Department released the producer price index figures on Wednesday. The U.S. producer price index declined 0.5% in September, missing expectations for a 0.2% decline, after a flat rise in August.

     

     

    On a yearly basis, the producer price index decreased 1.1% in September, missing forecasts of a 0.7% decline, after a 0.8% fall in August.

     

     

    A stronger U.S. dollar and low oil prices still weigh on inflation.

     

     

    Services prices were down 0.4% in September, while prices for goods declined 1.2%.

     

     

    Food prices decreased by 0.8% in September, while energy sales declined 5.9%.

     

     

    The producer price index excluding food and energy fell 0.3% in September, missing expectations for a 0.1% gain, after a 0.3% increase in August.

     

     

    On a yearly basis, the producer price index excluding food and energy climbed 0.8% in September, missing forecasts of a 1.2% increase, after a 0.9% rise in August.

     

     

    These figures could mean that the Fed will not start raising its interest rate this year.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree