​Producer Prices Rose More Than Expected In August – Tyler Durden

Producer Prices Rose More Than Expected In August After a mixed (to hotter than expected) CPI, this morning’s Producer Prices also surprised to the upside with headline PPI rose 0.2% MoM (vs +0.1% MoM exp). This did push the YoY PPI down to +1.7% (the lowest since Feb)… Source: Bloomberg Core PPI rose 0.3% MoM (also hotter than expected) with YoY core PPI re-accelerating… Source: Bloomberg Final demand services: Prices for final demand services rose 0.4 percent in August after declining 0.3 percent in July. Nearly 60 percent of the increase is attributable to a 0.3-percent advance in the index…  — Continue at ZeroHedge News : Read More