15 Nov 2023 | 13:39
US October producer prices drop unexpectedly
(Sharecast News) - Wholesale prices in the States fell by more than anticipated in October.
According to the U.S. Department of Labor, in seasonally adjusted terms, producer prices fell by 0.5% (consensus: 0.1%).
September's increase meanwhile was revised down by two tenths of a percentage point to 0.4%.
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