The information is right here:
As a recap:
- client inflation picked up, rose for a seventh consecutive month
- CPI was beneath expectations
- the month noticed provide constraints attributable to irregular climate
- however concern persists over limp demand
Core CPI (strips out meals and power costs) rose 0.3% y/y, a second consecutive month of slower rise (July was 0.4, June was 0.6, Might was 0.6).
As for PPI, factory-gate costs in August fell for a twenty third straight month of contraction, at a a lot sooner than anticipated tempo.
This text was written by Eamonn Sheridan at www.forexlive.com.
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