In September, the producer price index (PPI) is projected to rise by 0.3% compared to the consensus estimate. This figure reflects a continued trend of moderate price adjustments in the manufacturing sector. The index measures the cost of goods produced, with prices reflecting ongoing operational efficiencies and raw material costs. Retail sales figures showed a positive trend throughout the month, indicating increased consumer demand for goods and services. However, the overall impact on wholesale prices remains within a narrow range.
Credits: US Top News and Analysis
