Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
11/14/2012 8:50:00 AM Write a Letter to the Editor Write a letter to the Editor

Producer Price Index Falls 0.2%

Prices paid to U.S. producers fell 0.2% in October for the first time in five months, the Labor Department said Wednesday.

The producer price index drop followed a 1.1% rise in September. The so-called core PPI, which excludes food and energy fell 0.2%, the first drop since November 2010, Labor said.

Economists had forecast a 0.2% increase in the PPI, and a core rate increase of 0.1%, Bloomberg reported.

An increase in the PPI could indicate strong demand for goods, which would mean more shipments for trucking companies. However, if inflation begins to accelerate too quickly, it also could hurt the economy.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising

EMU
iTech
© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement