U.S. Initial Jobless Claims at 199K for Week Ended Oct 10; Sept PPI Rises 6.3% YoY, Beating Estimates

U.S. initial jobless claims for the week ending October 10 came in at 199,000, slightly below the estimated 200,000, with the previous week's figure revised from 197,000 to 198,000. The U.S. Producer Price Index (PPI) for September rose 6.3% year-over-year, significantly exceeding expectations of 5.3%, while the previous reading was revised up from 5.40% to 5.6%. Meanwhile, U.S. retail sales rose 0.8% month-over-month in September, topping forecasts of 0.30%, with the prior month's figure revised from 1.20% to 1.10%. — link