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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 ...
3don 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.
3don MSN
Inflation shock: Producer prices rise more than forecast as core inflation hits 3-year high in July
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole ...
Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...
U.S. producer prices rose sharply in July, driven by broad increases in service and goods costs, signaling renewed ...
US stock futures hovered around the flatline as Wall Street awaited another pulse check on inflation after Tuesday's tepid ...
环球网国内 on MSN4d
Positive price trends seen in July amid demand pickup
The consumer price index, a main gauge of inflation, climbed 0.4 percent in July compared with the previous month, reversing a 0.1 percent drop in June and exceeding the average seasonal pace of 0.3 ...
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