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United States Producer Prices

Discussion in 'Market News' started by Jonathan, Oct 14, 2015.

  1. Jonathan

    Jonathan Forum Member

    Aug 29, 2015
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    Producer prices in the United States decreased by 0.5 percent in September of 2015, after showing no growth in the previous month and missing market expectations of a 0.2 percent decline. It was the largest drop since January, mainly due to a 5.9 percent fall in energy costs, which led to a 1.2 percent decline in prices of goods. In addition, prices of services dropped by 0.4 percent, due to lower costs for securities brokerage, dealing, investment advise and related services. Year-on-year, producer prices fell for the eighth straight month by 1.1 percent, compared to a 0.8 percent decline in August. Producer Prices in the United States averaged 107.23 Index Points from 2009 until 2015, reaching an all time high of 111.40 Index Points in July of 2014 and a record low of 100.20 Index Points in November of 2009. Producer Prices in the United States is reported by the U.S. Bureau of Labor Statistics. In the United States, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. Since January of 2014, the Producer Price Index has transitioned from a State of Processing to a Final Demand-Intermediate Demand system, including prices of goods, services and construction. . This page provides the latest reported value for - United States Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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