From ZeroHedge:
After yesterday's disappointing (for some) cooler-than-expected CPI, analysts also expect producer price growth to decelerate in October but it modestly beat expectations, rising 0.3% MoM (vs +0.2% MoM exp).
On a YoY basis, producer prices rise 0.5%, well below that of consumer prices...
Source: Bloomberg
In October, nearly 60 percent of the rise in the final demand index can be traced to a 0.5-percent increase in prices for final demand goods. The index for final demand services moved up 0.2 percent.
Source: Bloomberg
Core PPI disappointed expectations, rising just 0.1% MoM vs +0.2% exp....
....MORE
Related, November 5:"FAO Food Price Index continued its upward trend in October"
