US Producer Price Index stagnation: September 2024 data

The U.S. Bureau of Labor Statistics today reported that the Producer Price Index for Final Demand in September 2024 was unchanged on a seasonally adjusted basis. August showed a 0.2 percent increase, while July was flat. Over the past 12 months, the final demand index has risen by 1.8 percent, according to unadjusted data. Within final demand, the services price index rose 0.2 percent in September, offsetting a 0.2 percent decline in final demand goods prices.