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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 ...
Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...
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 ...
1don MSN
Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
Construction input prices increased 0.4% in July compared to the previous month, according to an Associated Builders and ...
US stock futures hovered around the flatline as Wall Street awaited another pulse check on inflation after Tuesday's tepid ...
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