U.S. Producer Price Index Up 0.1% In September

Jan. 13, 2005
By Agence France-Presse The Producer Price Index rose 0.1% in September, and the core rate, which excludes food and energy prices, also rose 0.1%, the Labor Department said Oct. 11. The September Producer Price Index report was in line with Wall Street ...
By Agence France-Presse The Producer Price Index rose 0.1% in September, and the core rate, which excludes food and energy prices, also rose 0.1%, the Labor Department said Oct. 11. The September Producer Price Index report was in line with Wall Street economists' forecasts. The PPI was lifted by rising energy prices, which increased 0.9% in September. A 0.6% drop in food prices, however, offset the overall gain in producer prices. On a year-on-year basis, the overall PPI for finished goods was down 1.9%, while the core rate was down 0.4%. In August, the PPI was unchanged, while the core rate fell 0.1%. For the first nine months of the year, the PPI rose at a 0.8% annual pace, marginally down from a 0.9% gain over the same period last year. The core rate fell at a 0.4% pace over the first nine months of the year, down from a 1.4% rate a year earlier. The report shows that the overall inflation trend so far this year is much the same as in 2001, but that the underlying inflation trend is much weaker compared with the same period of last year. Copyright Agence France-Presse, 2002

Popular Sponsored Recommendations

7 Crucial Steps to Improve Your OT Security

Oct. 23, 2023
Enhance OT security in manufacturing and production. Uncover the crucial steps to safeguard your operational technology. Protect against evolving threats and bridge the IT-OT ...

Discover How an Eye Tracking Study Improves Training Procedures

Oct. 29, 2023
Did you know that your training processes can be streamlined by visualizing and analyzing key skills within your employee base? Find out how we use eye tracking to capture advanced...

Smarter Savings for Manufacturers - Guide

Sept. 12, 2023
Enhance your service experiences and boost revenue while reducing costs. Learn how one platform can help your business be more agile and productive in today's market.

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!