US Producer Price Inflation Continues Elevated in September led by Services

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  • #43682
    TradersCom
    Keymaster

    Gold futures settled $8.30 or -0.5% lower at $1,709.10/oz as losses continued on inflation-related slide following CPI yesterday and PPI today
    Despite weakening US dollar, USDX down -0.3% to $109.47

    #40226
    Helmholtz Watson
    Participant

    US Producer price inflation for September continues elevated at a rapid pace. The PPI advanced 8.5% on a year-over-year basis (expectations were 8.4%)
    [See the full post at: US Producer Price Inflation Continues Elevated in September led by Services]

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