HOUSTON, Nov. 14 (Xinhua) -- The United States Producer Price Index (PPI) for final demand increased 0.4 percent in October, seasonally adjusted, the U.S. Department of Labor said on Thursday.
Final demand prices fell 0.3 percent in September and edged up 0.1 percent in August. On an unadjusted basis, the final demand index advanced 1.1 percent for the 12 months ended in October, the smallest rise since a 1.1-percent increase in the 12 months ended October 2016.
In October, the increase in final demand prices was attributable to a 0.7-percent rise in the index for final demand goods and a 0.3-percent rise for final demand services.
The index for final demand less foods, energy, and trade services inched up 0.1 percent in October after no change in September. For the 12 months ended in October, prices for final demand less foods, energy, and trade services advanced 1.5 percent. Enditem
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