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coinpedia 2023-10-11 13:20:25

US PPI More Than Expected in September, indicating inflation pressure!

The post US PPI More Than Expected in September, indicating inflation pressure! appeared first on Coinpedia Fintech News The Producer Price Index (PPI) in the US rose by 0.5% in September, higher than the Dow Jones estimate of 0.3%, indicating inflation pressure in the economy. Excluding food and energy costs, core PPI increased by 0.3%, compared to expectations of 0.2%. The increase was driven by demand for final goods, which rose by 0.9%, …

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