US Producer Inflation Accelerates to 6.3% in September
US producer prices rose 1.3% month over month in September, versus 0.5% expected. Annual headline inflation accelerated to 6.3% from August’s revised 5.6%, above the 5.3% consensus estimate.
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US producer prices rose 1.3% month over month in September, versus 0.5% expected. Annual headline inflation accelerated to 6.3% from August’s revised 5.6%, above the 5.3% consensus estimate.
The Labor Department reported seasonally adjusted initial claims of 199,000 for the week ended Oct. 10. The supplied report excerpt also lists a four-week average of 198…
WASHINGTON, Oct 15 (Reuters) — The number of Americans filing new claims for unemployment benefits increased marginally last week amid low layoffs that are keeping the labor market stable. Initial claims for state unemployment benefits rose 1,000 to a seasonally adjusted 199,000 for the week ended October 10, the Labor