US producer prices rose 6.3% year on year and 1.3% month on month in September, with petrol producer prices up 20.3%. Bitcoin fell below $81,000 after the report, touching $80,154 on Bitstamp, and Polymarket traders put the odds of the Fed holding rates in October at 72%.
US September PPI rises 6.3% year on year, fastest since December 2022
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OdailyThe story so far: US September PPI release
US September PPI and retail sales data were due at 12:30 UTC. PPI rose 6.3% year on year and 1.3% month on month, the fastest since December 2022, with petrol producer prices up 20.3%. Bitcoin fell below $81,000 after the report.
US September PPI and retail sales due at 12:30 UTC
US September producer price index data and retail sales figures are due at 12:30 UTC, or 12:30 UTC.
US September PPI rises 6.3% year on year, fastest since December 2022
US producer prices rose 6.3% year on year and 1.3% month on month in September, with petrol producer prices up 20.3%. Bitcoin fell below $81,000 after the report, touching $80,154 on Bitstamp, and Polymarket traders put the odds of the Fed holding rates in October at 72%.
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