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.
Key Takeaways The Producer Price Index showed wholesale inflation was up 3.5% year-over-year in January, and higher by 0.4% ...
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers.
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.
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.
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
Producer costs are those paid by businesses and are often passed on to customers. The PPI report follows Wednesday’s consumer ...
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 ...
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 ...
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