U.S. producer prices unexpectedly fell in August, with PPI slipping -0.1% mom versus expectations of a 0.3% mom gain. The decline was driven by a -0.2% mom drop in final demand services, while goods prices edged higher by 0.1% mom. On a year-over-year basis, PPI slowed sharply to 2.6% yoy from yoy 3.3% in July, […]The post U.S. PPI falls -0.1% mom in August, annual rate cools to 2.6% yoy appeared first on Action Forex.