Nov. 25 (UPI) -- The Bureau of Labor Statistics on Tuesday released September data from its producer price index, showing modest increases in core wholesale prices that came in lower than experts had predicted.
The PPI for final demand products -- what producers and manufacturers get paid for their goods and services sold to consumer businesses -- in September increased 0.3%. But when excluding food, energy and trade services, BLS reported that final demand wholesale prices increased just 0.1% -- half the expected 0.2% increase.
September's data release was delayed by "the lapse in federal appropriations" caused by the 43-day federal government shutdown, the longest in U.S. history, which the agency noted in its data report.
"While BLS completed data collection prior to the lapse, BLS could not complete data processing and review until appropriations resumed," the agency said. "Subsequent PPI data releases will also be delayed."
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