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Market Impact: 0.45
Inflation's Next Wave? A Critical U.S. Manufacturing Gauge Just Surged 10% Higher
Source: 247wallst.com
InflationEconomic DataCommodities & Raw Materials
ISM's Manufacturing Prices Paid Index jumped 6.8 points month over month to 77.9 in September from 71.1, signaling a sharp acceleration in factory input-cost inflation. The increase may reinforce concerns about persistent goods-price pressures and could influence inflation and monetary-policy expectations.
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