The price level of industrial producers did not change in September. The growth rate of industrial producer prices slowed down further, from 2.4% in August to 1.8%. As PPI figures are better-than-expected expectations of interest rate hike should diminish.
Prices of agriculture producers dropped again, by 1.8% this time. They were 5.6% up in year-to-year comparison. Prices of construction work grew 0.3%, m-o-m (3,8%, y-o-y). Prices of market services in the business sphere grew 0.4%, m-o-m, in general (1.6%, y-o-y).
(David Marek)