9,659.48 TRY BIST 100 BIST 100
5.24 CNY CNY CNY
40.78 EUR EUR EUR
37.92 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
46.25 TRY Interest Interest
74.48 USD Fossil Oil Fossil Oil
33.77 USD Silver Silver
5.04 USD Copper Copper
102.21 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,803.99 TRY Gold (gr) Gold (gr)
9,659.48 TRY BIST 100 BIST 100
5.24 CNY CNY CNY
40.78 EUR EUR EUR
37.92 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
46.25 TRY Interest Interest
74.48 USD Fossil Oil Fossil Oil
33.77 USD Silver Silver
5.04 USD Copper Copper
102.21 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,803.99 TRY Gold (gr) Gold (gr)
9,659.48 TRY BIST 100 BIST 100
5.24 CNY CNY CNY
40.78 EUR EUR EUR
37.92 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
46.25 TRY Interest Interest
74.48 USD Fossil Oil Fossil Oil
33.77 USD Silver Silver
5.04 USD Copper Copper
102.21 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,803.99 TRY Gold (gr) Gold (gr)

Producer prices in the US continued to decline in August

In the US, the Producer Price Index (PPI) decreased by 0.1 percent month on month in line with expectations, while it increased less than expected with 8.7 percent year on year.

Producer prices in the US continued to decline in August

The US Department of Labor announced PPI data for August.

Accordingly, PPI decreased by 0.1 percent in August compared to the previous month.

The data, which continued to decline in line with market expectations, decreased by 0.4 percent in July.

The decrease in producer prices in this period was due to the 12.7 percent decrease in gasoline prices.

Producer prices rose 8.7 percent year-on-year in August.

The annual rise in producer prices, which fell short of expectations, was expected to be 8.8 percent in August. Producer inflation was recorded as 9.8 percent per annum in July.

Core PPI, which does not include variable food and energy prices, also increased by 0.4 percent monthly and 7.3 percent annually in August.

The market expectation for the core PPI was an increase of 0.3 percent on a monthly basis and 7.1 percent on an annual basis. Core PPI increased by 0.3 percent monthly and 7.7 percent annually in July.

By measuring the prices of inputs used in production, the PPI gives clues about final product prices and headline inflation. The US Federal Reserve (Fed) tracks all inflation indicators, including the PPI.

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