US Inflation News Gets Worse as Wholesale Prices Jump
The producer price index for final demand climbed 0.4% from a month earlier, and that after an upwardly revised 0.5% increase in December, the Bureau of Labor Statistics said Thursday. The data on wholesale prices comes just a day after a consumer price index report showed underlying inflation at its highest in more than a year.
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Bureau of Labor Statistics said on Thursday.
The Producer Price Index for final demand increased 0.4 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.5 percent in December ...
U.S. import prices increased slightly less than expected in January as a surge in the cost of fuels was partially offset by ...
Wall Street’s main indexes opened higher on Thursday (Feb 13) as investors parsed the latest producer prices data, while the ...
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining around 0.2% on Thursday. Following the market opening Thursday, the Dow traded up 0.09% to 44,407.78 while the NASDAQ ...
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high ...
US wholesale prices picked up in January on higher food and energy costs, highlighting only limited progress on inflation ...
While the PPI report was undeniably hot, the Personal Consumption Expenditures (PCE) price index came in softer.
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