October 2017 Producer Price Index
Submitted by Atlas Indicators Investment Advisors on November 14th, 2017Inflationary pressures continued their recent advance according to the October 2017 Producer Price Index data from the Bureau of Labor Statistics. For a second consecutive month, the headline figure increased 0.4 percent. On a year-over-year basis, the trend accelerated to 2.8 percent from 2.6 percent in September.