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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 ...
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
US wholesale inflation accelerated in July by the most in three years, suggesting companies are passing along higher import ...
The Producer Price Index (PPI) for final demand rose 0.9% in July, marking its largest monthly increase since early 2022. The ...
In late July Fed Chairman Jerome Powell and the majority of the policy-making Federal Open Market Committee voted to maintain the “wait-and-see” approach to interest rate cuts. The FOMC held the ...
U.S. wholesale inflation accelerated in July by the most in three years, boosted by a surge in margins that indicates ...
There's no question that today's Producer Price Index came in surprisingly hot. Both the headline and core numbers were 0.9% ...
U.S. producer prices increased more than expected in July amid a surge in the costs of services and goods, suggesting a broader pickup in inflation in the months ahead. The producer price index for ...
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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