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Producer Price Index: Wholesale Inflation Hotter Than Expected In July
The producer price index (PPI) for final demand rose 0.9% month-over-month after a flat reading in June. Core PPI, which excludes food and energy prices, rose 0.9% month-over-month after a flat reading in June. In July, the PPI for finished goods rose 0.5% month-over-month, up from 0.4% in June.
Producer prices increased by the most in three years in July, suggesting a broad pickup in inflation was imminent. "This is a ...
The Producer Price Index (PPI) for final demand rose 0.9% in July, marking its largest monthly increase since early 2022. The ...
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...
Excluding volatile food and energy prices, so-called core producer prices rose 0.9% from June, biggest month-over-month jump ...
Benzinga on MSN8d
US Producer Price Rise By Most In Three Years
Producer Price Index—or PPI—report shows a sharp acceleration in inflation at the wholesale level, indicating rising pressure ...
The Labor Department reported June 12 that its producer price index rose 2.6% in May. Producer prices rose 0.1% from April to May after dropping 0.2% the month before.
US wholesale inflation accelerated in July by the most in three years, suggesting companies are passing along higher import ...
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