Producer Price Index increases 8.6% in September, largest rise in series

The September Producer Price Index (PPI) for Finished Goods was at 0.5% month-over-month seasonally adjusted, down from a 0.6% increase last month. It is at 8.6% year-over-year, up from 8.3% last month, on a non-seasonally adjusted basis. Core Final Demand (less food and energy) came in at 0.2% MoM, down from the 0.5% previous month and is up 6.8% YoY NSA. Investing.com MoM consensus forecasts were for 0.6% headline and 0.5% core.

The September PPI for Final Demand was at 0.5% month-over-month seasonally adjusted, down from a 0.7% increase last month. It is at 8.6% year-over-year, up from 8.3% last month, on a non-seasonally adjusted basis. Core Final Demand (less food and energy) came in at 0.2% MoM, down from the 0.6% previous month and is up 5.2% YoY NSA. Investing.com MoM consensus forecasts were for 0.6% headline and 0.5% core.