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Here come producer prices...

Jonathan GarberSep 15, 2016, 17:31 IST

REUTERS/Nacho Doce

The producer price index for final demand is expected to have climbed by 0.1% month-over-month in August, according to the Bloomberg consensus.

Additionally, core prices, which exclude volatile food and energy costs are anticipated to have also edged up by 0.1% MoM.

For the month of July, PPI and Core PPI fell 0.4% and 0.3%. respectively.

Producer prices are used as a forward-looking indicator of consumer-price inflation. The idea is that if wholesale prices are rising, retailers would likely pass these costs on to regular buyers.

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