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US producer prices unchanged with wholesale inflation remaining under control
The Labor Department reported Wednesday that its producer price index was unchanged last month from May after rising 0.3% the previous month. June wholesale prices rose 2.3% from a year earlier, the smallest year-over-year gain since September. Both measures came in below what economists had expected.
US Jun Producer Prices Final Demand Unchanged, Consensus +0.2%
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US wholesale inflation was muted in June, presenting what would seem to be a better-than-expected outcome amid President ...
The consumer price index, which measures the average prices paid by consumers for goods, rose 0.5% in December. Overall, inflation rose by a whopping 7% in 2021 – the highest in 40 years.
WASHINGTON (AP) — Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010. The Labor Department ...
The latest Producer Price Index, a closely watched measurement of wholesale inflation, rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released Thursday ...
US wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Trump’s sweeping taxes on imports. ... producer prices rose 2.4% last month, ...
Gasoline prices rose 3.4% from May to June, offsetting a drop in the prices of other goods, including iron and steel scrap. In their drive to tame inflation, the Fed’s policymakers have raised ...
Excluding volatile food and energy prices, so-called core wholesale prices dipped 0.4% from March and rose 3.1% from a year earlier. Economists had forecast that producer prices rose ...
Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010.
US stocks advanced on Wednesday as investors digested another round of strong bank earnings and welcomed subdued wholesale ...
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