"The Producer Price Index for final demand rose 0.6 percent in October, seasonally adjusted," the U.S. Bureau of Labor Statistics reported on Friday.
Key takeaways from the press release
- Final demand prices advanced 0.2 percent in September and declined 0.1 percent in August.
- On an unadjusted basis, the final demand index increased 2.9 percent for the 12 months ended in October.
- The index for final demand less foods, energy, and trade services rose 0.2 percent in October after climbing 0.4 percent in September.
- For the 12 months ended in October, prices for final demand less foods, energy, and trade services advanced 2.8 percent.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.