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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.
The Producer Price Index (PPI) for final demand rose 0.9% in July, marking its largest monthly increase since early 2022. The ...
Producer prices increased by the most in three years in July, suggesting a broad pickup in inflation was imminent. "This is a ...
In late July Fed Chairman Jerome Powell and the majority of the policy-making Federal Open Market Committee voted to maintain ...
Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
US. producer inflation rises sharply amid a surge in goods and services prices, adding pressure on the Federal Reserve’s ...
US wholesale inflation accelerated in July by the most in three years, suggesting companies are passing along higher import ...
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.
The Producer Price Index (PPI) was 1% higher in December 2023 compared to the previous year, although missing the 1.3% predicted by the economist consensus.
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