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Inflation in consumer prices has plummeted from a four-decade high 9.1% in June 2022. Yet despite having reached relatively low levels, it has so far remained persistently above the Fed’s 2% target.
U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trump’s ...
WASHINGTON — US wholesale inflation fell last month in another sign of easing price pressures, but Trump's trade war clouds outlook.
Excluding volatile food and energy prices, so-called core wholesale inflation fell 0.1% from February, the first drop since July. Compared with a year earlier, core producer prices rose 3.3% and ...
The Producer Price Index, a closely watched measurement of wholesale inflation, showed that the prices paid to producers fell 0.4% in March from the month before, when prices rose 0.1% ...
WASHINGTON (AP) — A closely watched inflation gauge cooled last month ... At the same time, consumers accelerated their spending, potentially in an effort to get ahead of the duties.
WASHINGTON (AP) — U.S. wholesale prices fell last month in ... said Friday that its producer price index — which tracks inflation before it hits consumers — fell 0.4% from February.