Annual PPI in US continued to increase in September.
US Dollar Index stays below 94.00 after the data.

The Producer Price Index (PPI) in the US for final demand rose to 8.6% on a yearly basis in September from 8.3% in August, the US Bureau of Labor Statistics announced on Thursday. This reading came in slightly lower than the market expectation of 8.6%.

On a monthly basis, the PPI edged lower to 0.5% from 0.7%. Further details of the publication revealed that the annual Core PPI ticked up to 6.8%, compared to analysts’ estimate of 7.1%.

The US Dollar Index showed no immediate reaction to this report and was last seen posting small daily losses at 93.93.

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