US September PPI Flat Month-on-Month...Below Expectations

On the 11th (local time), the U.S. Department of Labor announced that the Producer Price Index (PPI) for September in the United States remained flat compared to the previous month. This figure slightly missed the market expectation of 0.1%.

The U.S. PPI for September rose 1.8% year-over-year, slightly exceeding the market forecast of 1.6%.

Additionally, the core PPI for September increased 2.8% year-over-year, slightly surpassing the expected 2.7%, and rose 0.2% month-over-month, matching market expectations.