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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 in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
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 ...
US wholesale inflation accelerated in July by the most in three years, suggesting companies are passing along higher import ...
In late July Fed Chairman Jerome Powell and the majority of the policy-making Federal Open Market Committee voted to maintain ...
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Latest producer price index jumped .09% from June, annual rate at 3.3%
The latest producer price index, which measures the average change in prices paid to producers, jumped .09% in June.
The Producer Price Index rose 0.3% last month, resulting in an annual increase of 0.9%, according to Bureau of Labor Statistics data released Friday.
The producer price index, or PPI, surged last month, far outpacing economists' forecasts and suggesting that President ...
Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...
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