Keeping you up to date on the latest data releases.
- Producer Price Index
The Producer Price Index (PPI) decreased at an annualized rate of 1.8 percent in October. On a year-over-year basis, the PPI is up 0.3 percent. Producer prices for finished consumer foods increased 9.9 percent, reversing the decline of 11.6 percent. Energy prices decreased 17.0 percent in October and year-over?year energy prices are down 3.4 percent. Excluding volatile food and energy prices, “core” PPI is up 2.0 percent in October. At earlier stages of production, core intermediate good prices are down 0.6 percent and core crude prices fell for the second month in row 5.5 percent.