The seasonally-adjusted US producer price index for final demand fell by 0.1 per cent month on month (MoM) in August.
On an unadjusted basis, the index rose by 2.6 per cent for the 12 months ended in August.
The August drop is attributable to a 0.2-per cent MoM fall in prices for final demand services.
In contrast, the index for final demand goods rose by 0.1 per cent MoM—the fourth consecutive advance.
On an unadjusted basis, the index rose by 2.6 per cent for the 12 months ended in August.
The August drop is attributable to a 0.2-per cent MoM fall in prices for final demand services.
In contrast, the index for final demand goods rose by 0.1 per cent MoM—the fourth consecutive advance.
