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Supply Chain Monitor: Industrial Production October 2024
In this month’s report, we saw contraction in the overall aggregate, with a decline of 0.3% month-over-month for a year-over-year decline of 0.3%.
In this month’s report, we saw contraction in the overall aggregate, with a decline of 0.3% month-over-month for a year-over-year decline of 0.3%.
Overall input cost inflation has been accelerating again in recent months, driven almost entirely by increases on the Services side.
The index of Total Industrial Production fell by 0.3% month over month in the September data, for a 0.6% year over year decline.
PPI for All Commodities fell by 1.2% month over month in the September data, for a 2.5% year over year fall.
In the August data release, domestic industrial production rebounded from an idiosyncratically weak July report.