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Market Impact: 0.55
PPI for final demand moves up 0.4% in August; goods advance 1.1%, services rise 0.1%
Source: U.S. Bureau of Labor Statistics
InflationEconomic DataMonetary PolicyInterest Rates & Yields
U.S. final-demand Producer Price Index rose 0.4% in August and 5.4% year over year, signaling persistent upstream inflation pressure. Goods prices increased 1.1% while services rose 0.1%, with the goods acceleration likely to reinforce concerns that inflation may remain elevated and constrain monetary-policy easing.
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