wrapper

PPI missed market forecasts

Wednesday, Oct 14 2015
The Producer Price Index for final demand declined 0.5% in September, missing expectations on 0.2% decline. Final demand prices were unchanged in August and rose 0.2% in July. On an unadjusted basis, the final demand index fell 1.1% for the 12 months ended in September, the eighth straight 12-month decline. 
 
In September, two-thirds of the decrease in the final demand index is attributable to prices for final demand goods, which fell 1.2%. The index for final demand services moved down 0.4%.Within intermediate demand, prices for processed goods fell 1.5%, the index for unprocessed goods dropped 3.1%, and prices for services decreased 0.7%.
 
After the data USD fell against its major rivals. Euro is currently being traded few points above 1.1440 level, Sterling is above 1.54 handle, while Aussie is around 0.7280 area.
More in this category: « US Retail Sales rose 0.1% Australian Unemployment Rate unchanged in September »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.