Wholesale Producer Price Index inflation in the United States rose 0.4% in January, according to a Thursday Bureau of Labor ...
In January, a 10.4% increase in the index for diesel fuel was a major factor in the advance in prices for final-demand goods.
The core PPI, which excludes food and energy prices, ticked up 0.3% in January, matching expectations and down from an ...
Key Takeaways The Producer Price Index showed wholesale inflation was up 3.5% year-over-year in January, and higher by 0.4% ...
The hotter-than-expected wholesale inflation came just a day after data showed consumer prices rose more than anticipated.
While the PPI report was undeniably hot, the Personal Consumption Expenditures (PCE) price index came in softer.
Wholesale inflation has accelerated for five straight months and is currently at its highest level since February 2023. Read more here.
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for ...
Wholesale goods prices were up 0.6% in January, with over half of the PPI inflation increase caused by a 1.7% hike in energy prices. Diesel fuel prices were up 10.4% and that was a major factor in ...
Things aren‘t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it‘s making “progress toward the 2 percent ...
If inflation readings from the producer-price index and consumer-price index fail to cool off, Federal Reserve officials could be forced to pivot to hiking interest rates, said portfolio manager Jon ...