土耳其政府上调燃油、烟草及酒精饮品的定额消费税，此次涨幅低于生产者通胀水平。政策制定者此举 旨在支持央行放缓物价上涨的努力。 根据周三《官方公报》发布的一项决议，政府将汽油和柴油的定额税提高6.95%，烟草与酒精饮品的定 额税提高7.95%。 土耳其官方通讯社阿纳多卢通讯社援引财政部消息称，土耳其每年1月和7月会根据前六个月生产者价格 指数（PPI）的变动情况，对所谓的"定额消费税"进行两次调整。此次最新加税幅度小于同期生产者价 格涨幅，核心目的是为抑制通胀提供支持。 责任编辑：陈钰嘉 土耳其政府上调燃油、烟草及酒精饮品的定额消费税，此次涨幅低于生产者通胀水平。政策制定者此举 旨在支持央行放缓物价上涨的努力。 根据周三《官方公报》发布的一项决议，政府将汽油和柴油的定额税提高6.95%，烟草与酒精饮品的定 额税提高7.95%。 土耳其官方通讯社阿纳多卢通讯社援引财政部消息称，土耳其每年1月和7月会根据前六个月生产者价格 指数（PPI）的变动情况，对所谓的"定额消费税"进行两次调整。此次最新加税幅度小于同期生产者价 格涨幅，核心目的是为抑制通胀提供支持。 责任编辑：陈钰嘉 ...

Core Viewpoint - The Producer Price Index (PPI) in South Africa remained stable at 2.9% year-on-year in November, indicating a steady inflation rate in the production sector, which is a key indicator for consumer inflation and economic conditions [1] Group 1: PPI Data - The PPI for the electricity and water sector increased by 15.3% year-on-year in November, down from 16.1% in October [1] - The mining sector's PPI rose from 18.4% in October to 19.9% in November [1] - The PPI data reflects the cost changes of goods before reaching consumers, serving as an important reference for monetary policy and business decisions [1] Group 2: Consumer Inflation - The consumer inflation rate in South Africa slowed to 3.5% year-on-year in November, down from 3.6% in October [1] - Nedbank's economic report anticipated a slight decrease in the PPI to 2.8% due to falling fuel costs [1] - The report highlighted that despite the expected decrease in PPI, both CPI and PPI may trend upwards in the coming months due to low base effects from the previous year [1] Group 3: Food Prices - The report indicated that food prices are expected to remain stable overall, with high meat prices being offset by price declines in other categories [1] - Favorable weather conditions, improved logistics, and stable electricity supply are contributing factors to the stabilization of prices in certain categories [1]

The Bureau of Labor Statistics (BLS) will not produce an October 2025 Producer Price Index (PPI) news release, according to a revised news release dates page on its website.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins re ...

Group 1 - Core wholesale prices rose 0.3% in September, aligning with Dow Jones consensus estimates, indicating potential cooling in pipeline inflation pressures [1] - Excluding food and energy, the index increased by 0.1%, which is below the 0.2% estimate, while both core and headline PPI had decreased by 0.1% in August [2] - Headline PPI increased by 2.9% year-over-year, while core PPI rose by 2.6% [2] Group 2 - Goods prices drove the PPI increase, rising 0.9% month-over-month, marking the largest jump since February 2024, while services prices remained flat [2] - Final-demand energy prices surged by 3.5% for the month, with gasoline prices contributing significantly due to an 11.8% increase [3] - Transportation and warehousing prices rose by 0.8%, and airline passenger fees surged by 4% [3] Group 3 - Retail sales increased by 0.2% in September, slightly below the 0.3% forecast, while sales excluding autos rose by 0.3%, meeting estimates [4] - Miscellaneous retailers experienced a 2.9% increase, while gas stations saw a 2% rise due to higher prices; however, sporting goods and online sales declined by 2.5% and 0.7%, respectively [5] - Retail sales, adjusted for seasonality but not inflation, increased by 4.3% year-over-year, surpassing the 3% CPI rate for the month [5]

Retail Sales Data - Retail sales in September increased by 0.2%, a decline from the 0.6% rise in August, and below the expected 0.4% increase [1] - Excluding automobiles, retail sales rose by 0.3%, aligning with forecasts, while the control group data is pending [1] - The control group for retail sales showed a decrease of 0.1% after a 0.6% increase in August [2] Inflation Indicators - The headline Producer Price Index (PPI) rose by 0.3%, following a decline of 0.1% in August, indicating inflationary pressures [2] - The core PPI increased by 0.1% month-over-month, with a year-over-year increase of 2.7%, which is a slight uptick from August [2] - The year-over-year core PPI fell to 2.6% from 2.8%, indicating a mixed inflation trend [2] Market Influences - Weaker-than-expected retail sales and slightly higher inflation suggest that rising gasoline, energy, and car prices may have influenced these trends [3]

Economic Indicators - Retail sales for September are expected to show a month-over-month increase of 0.4%, indicating a healthy consumer environment, while core retail sales are estimated at 0.3% [3][4] - The Producer Price Index (PPI) is anticipated to show a headline CPI of 0.3% and core CPI of 0.2%, which would be a positive sign for inflation trends [4][5] Market Activity - The trading volume in E-Mini S&P 500 futures is low, with over 500,000 contracts traded, suggesting a light trading week due to the holiday [6][8] - Volatility is expected to remain elevated, with the S&P 500 testing the 20-week moving average and potential resistance at the 50-day moving average of 5,712 [7] Company Earnings - Key earnings reports to watch include Alibaba, which is expected to report soon, and Dell, which will report on Wednesday amid discussions about high memory prices [9][10] - Deere & Company is also highlighted, with recent trends showing a potential bullish crossover in its MACD, indicating a possible catch-up trade against its peer Caterpillar [12][13] Geopolitical Factors - Ongoing peace talks between Russia and Ukraine are affecting commodity prices, particularly crude oil, which saw a recent decline but is now trading flat [17][20] - The EU's concerns about concessions to Russia in the peace deal could impact energy markets, with low inventory levels in the U.S. for diesel and gasoline [20][21]

Core Insights - Turkey's inflation rate decreased to 32.87% year-on-year in October, providing a buffer for the central bank to maintain a cautious interest rate cut pace [1] - The consumer price index for food rose by 34.9% year-on-year, while housing costs increased by over 50%, contributing significantly to inflation [1] - The central bank's recent interest rate cut to 39.5% was influenced by a previous unexpected rise in inflation to 33.29% in September, marking the first increase in 16 months [1] Inflation Trends - October's inflation rate decline offers a potential easing of market concerns following September's unexpected rebound [1] - The finance minister indicated that achieving the year-end inflation target of 25% to 29% is challenging, but a strong disinflation process is expected to continue into 2026 [1] Producer Price Index (PPI) - Preliminary statistics show that Turkey's PPI increased by 1.63% month-on-month and approximately 27% year-on-year in October, indicating that industrial costs remain high [1] - The elevated PPI suggests that the foundation for declining inflation is still unstable [1]

Core Insights - Bloomberg Economic Research anticipates a significant rise in the core Consumer Price Index (CPI) for August, driven primarily by non-essential service expenditures such as airfare and hotel stays rather than tariffs [1] - The increase in these expenditures is ironically a result of the Trump administration's efforts to lower tariffs through various ceasefire agreements and trade deals, which in turn has led to a more accommodative financial environment [1] - The upcoming CPI report, in conjunction with the August Producer Price Index (PPI), suggests that the core Personal Consumption Expenditures (PCE) price index, favored by the Federal Reserve, may see a slight year-over-year increase to 3.0% [1] Market Expectations - The market widely expects the Federal Open Market Committee (FOMC) to announce a rate cut during its meeting on September 16-17 [1] - However, if inflation data comes in strong, the risk increases that this may be the only rate cut for the year [1]

Core Viewpoint - The U.S. Producer Price Index (PPI) unexpectedly declined in August, primarily due to a drop in service prices, indicating potential weaknesses in domestic demand and trade service profit margins [1][1][1] Summary by Relevant Sections Producer Price Index (PPI) Data - In August, the PPI decreased by 0.1% month-over-month, contrary to market expectations of a 0.3% increase [1] - The PPI had increased by 0.7% in July after seasonal adjustments [1] - Year-over-year, the PPI rose by 2.6% in August, which is lower than the 3.3% increase recorded in July [1] Factors Influencing PPI - The primary reason for the PPI decline was a 0.2% decrease in service prices [1] - Analysts noted that shrinking profit margins in trade services suggest domestic companies may be absorbing some costs from import tariffs [1] - The data may also reflect a weakening in domestic demand amid a soft labor market [1] Market Implications - Following the PPI data release, the likelihood of a 0.5 percentage point interest rate cut by the Federal Reserve in September increased to approximately 10% [1] - The next Federal Reserve monetary policy meeting is scheduled for September 16-17 [1]

Core Viewpoint - The U.S. Producer Price Index (PPI) unexpectedly declined in August, primarily due to a drop in service prices, indicating potential weaknesses in domestic demand and trade service profit margins [1][1][1] Group 1: PPI Data - In August, the PPI decreased by 0.1% month-over-month, contrary to market expectations of a 0.3% increase [1][1][1] - The PPI had increased by 0.7% in July after seasonal adjustments [1][1][1] - Year-over-year, the PPI rose by 2.6% in August, which is lower than the 3.3% increase recorded in July [1][1][1] Group 2: Contributing Factors - The primary reason for the PPI decline was a 0.2% decrease in service prices [1][1][1] - Analysts noted that the contraction in trade service profit margins suggests that domestic companies may be absorbing some costs associated with import tariffs [1][1][1] - The data may also reflect a weakening in domestic demand amid a soft labor market [1][1][1] Group 3: Market Implications - Following the PPI data release, the likelihood of a 0.5 percentage point rate cut by the Federal Reserve in September increased to approximately 10% [1][1][1] - The next Federal Reserve monetary policy meeting is scheduled for September 16-17 [1][1][1]