The Zhitong Finance App learned that the US Bureau of Labor Statistics (BLS) announced on Thursday (10/15) that final demand for the Producer Price Index (PPI) rose 6.3% year on year and 1.3% month on month in September; core PPI after excluding food and energy rose 5.0% year on year. The four readings were comprehensive and significantly higher than market expectations (5.3% YoY, 0.5% — 0.6% YoY, core 4.4% YoY), indicating a further increase in price pressure on the production side.

The Zhitong Finance App learned that the US Bureau of Labor Statistics (BLS) announced on Thursday (10/15) that final demand for the Producer Price Index (PPI) rose 6.3% year on year and 1.3% month on month in September; core PPI after excluding food and energy rose 5.0% year on year. The four readings were comprehensive and significantly higher than market expectations (5.3% YoY, 0.5% — 0.6% YoY, core 4.4% YoY), indicating a further increase in price pressure on the production side.