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October Producer Price Index: Finished Goods Up 12.5% YoY

Summary:
[unable to retrieve full-text content] This morning's release of the October Producer Price Index (PPI) for Finished Goods was at 1.2% month-over-month seasonally adjusted, down from a 1.5% increase last month. It is at 12.5% year-over-year, up from 11.7% last month, on a non-seasonally adjusted basis. Core Finished Goods (less food and energy) came in at 0.3% MoM, down from the 0.6% previous month and is up 5.6% YoY NSA. The October PPI for Final Demand was at 0.6% month-over-month seasonally adjusted, up from an 0.5% increase last month. Investing.com MoM consensus forecasts for Final Demand were for 0.6% headline and 0.5% core.

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This morning's release of the October Producer Price Index (PPI) for Finished Goods was at 1.2% month-over-month seasonally adjusted, down from a 1.5% increase last month. It is at 12.5% year-over-year, up from 11.7% last month, on a non-seasonally adjusted basis. Core Finished Goods (less food and energy) came in at 0.3% MoM, down from the 0.6% previous month and is up 5.6% YoY NSA. The October PPI for Final Demand was at 0.6% month-over-month seasonally adjusted, up from an 0.5% increase last month. Investing.com MoM consensus forecasts for Final Demand were for 0.6% headline and 0.5% core.

Jill Mislinski
Jill has been working with Advisor Perspectives since 2012 and is currently their Research Director as part of Doug Short’s team. Her background is in mathematics and physics and she holds a Master of Science in Physical Science with a concentration in physics and astronomy from the University of Chicago.

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