US PPI up 0.5% mom, 2.2% yoy in Sep, largest annual rise since Apr

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<p>US PPI for final demand rose 0.5% mom in September, above expectation of 0.4% mom. PPI less foods, energy, and trade services increased 0.2% mom, the fourth consecutive advance. PPI goods rose 0.9% mom while PPI services rose 0.3% mom. For the 12 months period, PPI rose 2.2% yoy, above expectation of 1.6% yoy. That’s […]</p>
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