September Producer Price Index exceeds expectations, sustaining inflation pressure
- 1Core inflation pressure in September recorded a 1.3% increase.
- 2Annual core inflation pressure rose by 6.3%.
- 3The figure exceeded the 0.6% monthly PPI increase forecasted by Dow Jones economists.
So what's the key point?
The cost of manufacturing goods rose more than experts expected. Since prices may continue to rise, the economic situation needs careful monitoring.
Source CNBC · View original ↗
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