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Producer Prices fall in September

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Producer Prices fall in September

PPI drops 0.1%, raising doubts about the strength of the recovery.

The seasonally-adjusted Producer Price Index for final demand fell 0.1% in September, the U.S. Bureau of Labor Statistics reported today.  This followed a flat PPI in August.

Analysts had expected a 0.1% increase.

In the 12 months through September, producer prices increased 1.6%.

Producer prices excluding volatile food and energy costs were also unchanged, and have increased 1.6% in the 12 months through September.

Click here to see the full report.

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