The U.S. Producer Price Index (PPI) for September rose by 2.7% year-over-year, aligning with market expectations. This marks a slight increase from the previous month's reading of 2.6%. The PPI measures the average change over time in the selling prices received by domestic producers for their output, serving as a key indicator of inflationary trends in the economy.
U.S. September PPI Increases to 2.7%, Meeting Expectations
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