PPI

PPI for All Commodities fell by 1.2% month over month in the September data, for a 2.5% year over year fall.

The Producer Price Index data for August arrived roughly as expected, with continued softening in commodities prices and a rise in input costs for services.

Overall, the July PPI report shows an increasingly stable and muted inflation picture.

Overall, the June PPI reading saw continued normalization towards pre-pandemic rates of input cost growth. PPI for All Commodities increased by 0.1% month over month in June, for a 0.6% year over year increase.