US Producer Prices rose 2.7% in September from a year earlier, according to the latest figures from the Bureau of Labour Statistics (BLS). That was broadly in line with expectations, though slightly above August's 2.6% uptick.
Stripping out food and energy, core Producer Prices were up 2.9% over the year, above the 2.7% forecast and up from the previous 2.8% increase.
Source: Fxstreet
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