NewsBreak: U.S. Producer Prices Fall the Most in 8 Months in Sept

NewsBreak: U.S. Producer Prices Fall the Most in 8 Months in Sept

Investing.com ?|?Oct 08, 2019 08:40AM ET

NewsBreak: U.S. Producer Prices Fall the Most in 8 Months in Sept

Investing.com -- U.S. producer prices fell by the most in eight months in September, in further evidence of the slowdown hitting manufacturers across the country - and further afield. The data add to pressure on the Federal Reserve to cut interest rates again, in as much as producer prices are often a leading indicator of trends in consumer prices.

  • Producer prices fell by 0.3% on the month, the biggest drop since January. They haven't fallen by more since 2016.

  • The annual PPI fell to 1.4% from 1.8%, the lowest since December 2016 and below expectations for an unchanged reading.

  • EUR/USD at $1.0991 vs $1.0984 before the news.
  • Related News

    Latest comments

    Add a Comment
    Please wait a minute before you try to comment again.
    Andrew carson
    Andrew carson

    Someone wake Powell.. ??...?(Read More)

    16 minutes ago· Reply
    Discussion
    Write a reply...
    Please wait a minute before you try to comment again.

    Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
    Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
    Fusion Media?would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not?necessarily?provided by any market or exchange, but may be provided by?market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.?Fusion Media?and?any provider of the data contained in this website?will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
    It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
    Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

    English (UK) English (India) English (Canada) English (Australia) English (South Africa) English (Philippines) English (Nigeria) Deutsch Espa?ol (Espa?a) Espa?ol (México) Fran?ais Italiano Nederlands Português (Portugal) Polski Português (Brasil) Русский Türk?e ????????? Ελληνικ? Svenska Suomi ????? 日本语 ??? 亚博国际平台 香港 Bahasa Indonesia Bahasa Melayu ??? Ti?ng Vi?t ?????
    Sign out
    Are you sure you want to sign out?
    NoYes
    CancelYes
    Saving Changes

    +