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U.S. PPI for final demand decreases in September

HOUSTON
2019-10-09 01:22

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HOUSTON, Oct. 8 (Xinhua) -- The United States Producer Price Index (PPI) for final demand decreased 0.3 percent in September, seasonally adjusted, the U.S. Department of Labor said on Tuesday.

Final demand prices rose 0.1 percent in August and 0.2 percent in July. On an unadjusted basis, the final demand index advanced 1.4 percent for the 12 months ended in September.

In September, the drop in final demand prices was attributable to a 0.2-percent decrease in the index for final demand services and a price for final demand goods declined 0.4 percent.

The index for final demand less foods, energy, and trade services was unchanged in September following a 0.1-percent rising in August. For the 12 months ended in September, prices for final demand less foods, energy, and trade services moved up 1.7 percent.
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