U.S. Producer Price Index Rose 0.4% In August
(For August 2010)
U.S. producer price index rose 0.4% in august, just 0.1% shy of 0.3% consensus. July reading was at 0.2%. On year level PPI is up 3.1%.
Chart 1. U.S. Producer Price Index
Food & energy taken out U.S. producer price index rose 0.1% in August. The consensus was also at 0.1%, prior reading at 0.3%. On year level core PPI is up 1.3%.
Chart 1. U.S. Producer Price Index – Core