The BLS has released the October 2024 Producer Price Index Report for the month of September. (historical releases)
The Producer Price Index for final demand was unchanged in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.2 percent in August and were unchanged in July. (See table A.) On an unadjusted basis, the index for final demand rose 1.8 percent for the 12 months ended in September.
Within final demand in September, a 0.2-percent increase in the index for final demand services offset a 0.2-percent decline in prices for final demand goods.
The outlook going forward, is somewhat optimistic, as no noticeable jumps seem to be taking place.
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