October PPI to be released on the 13th at 10:30 PM... September final demand rose 1.3%
Original headline10월 PPI 13일 오후 10시30분 발표…9월 최종수요 1.3% 상승
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
The U.S. October Producer Price Index is scheduled for release on November 13 at 8:30 a.m. Eastern time (10:30 p.m. KST), with the September final-demand PPI having risen 1.3% month-over-month, the largest monthly gain since March 2022, following increases of 0.5% in August and 0.2% in July. The September figure put the year-over-year gain at 6.3%, with final-demand goods prices up 2.6% and services up 0.8%, and the Bureau of Labor Statistics attributing more than 80% of the goods increase to the final-demand energy index. The October reading had not been published as of 8:21 p.m. KST on November 13. The data matters because the September acceleration in wholesale prices signals persistent pipeline inflation pressure that could influence Federal Reserve rate expectations. What to watch next is whether the October PPI confirms or reverses September's energy-driven jump.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
US Producer Price Index, US Bureau of Labor Statistics