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TechFlow, Oct 11 — According to Jinshi Data, the U.S. Producer Price Index (PPI) annual rate for September came in at 1.8%, higher than the market expectation of 1.6%. The previous figure was revised upward from 1.7% to 1.9%. Following the release of the data, spot gold rose slightly, while the U.S. Dollar Index (DXY) dropped more than 10 points in the short term.
According to Jinshi Data, the U.S. PPI year-on-year rate for September came in at 1.8%, higher than the market expectation of 1.6%, with the previous figure revised up from 1.7% to 1.9%. After the release of the U.S. PPI data, spot gold rose slightly, while the U.S. dollar index (DXY) dropped more than 10 points in quick succession.
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