Producer Deflation Accelerates in October

In the report linked below, it shows nearly all of the subcategories in the producer price index were running below trend (YTD cumulative) in October, with the PPI down 5.9% in October alone versus 5.1% YTD. Inputs for consumer goods are falling as well, signaling the CPI is likely to decline in the months ahead.

NBS: Producer Prices for the Industrial Sector for October 2015