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“The Producer Price Index for final demand increased 0.2 percent in September, seasonally  adjusted,” the U.S. Bureau of Labor Statistics announced on Wednesday.

Key takeaways from the press release

  • The index for final demand less foods, energy, and trade services moved up 0.4 percent in   September, the largest rise since a 0.5-percent increase in January.
    • For the 12 months ended in  September, prices for final demand less foods, energy, and trade services advanced 2.9 percent.
  • In September, over one-third of the advance in prices for final demand services can  be traced to the index for airline passenger services, which rose 5.5 percent.
  • Leading the September decline in the index for final demand goods, gasoline prices  fell 3.5 percent.