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SMLL - August Producer Price Index: Core Final Demand Up 0.4% MoM
Direxion Daily Small Cap Bull 2X Shares
By Jill Mislinski
Thursday's release of the August Producer Price Index ((PPI)) for Final Demand was at 0.3% month over month seasonally adjusted, down from a 0.6% increase last month. It is at -0.2% year over year, up from -0.4% last month, on a non-seasonally adjusted basis. Core Final Demand (less food and energy) came in at 0.4% MoM, up from -0.5% the previous month and is up 0.6% YoY NSA. Investing.com MoM consensus forecasts were for 0.2% headline and 0.2% core.
Here is the summary of the news release on Final Demand: