Wholesale Producer Price Index inflation in the United States rose 0.4% in January, according to a Thursday Bureau of Labor ...

The consensus estimate is a 0.2% rise in the producer price index in January, which would match the increase in December.

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.

Key Takeaways The Producer Price Index showed wholesale inflation was up 3.5% year-over-year in January, and higher by 0.4% ...

Wholesale inflation has accelerated for five straight months and is currently at its highest level since February 2023. Read more here.

Gold is historically the best inflation hedge, currently in a bull market with strong potential returns, making it a top ...

While the PPI report was undeniably hot, the Personal Consumption Expenditures (PCE) price index came in softer.

The hotter-than-expected wholesale inflation came just a day after data showed consumer prices rose more than anticipated.

US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers. The Producer Price Index, a measurement of average price ...

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 ...

Wholesale Producer Price Index inflation in the United States rose 0.4% in January, according to a Thursday Bureau of Labor Statistics report. Unadjusted, PPI increased to 3.5% for the 12 months ...