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Producer Price Index: Wholesale Inflation Hotter Than Expected In July
The producer price index (PPI) for final demand rose 0.9% month-over-month after a flat reading in June. Core PPI, which excludes food and energy prices, rose 0.9% month-over-month after a flat reading in June. In July, the PPI for finished goods rose 0.5% month-over-month, up from 0.4% in June.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the ...
Here's what new data from the producer price index says about where inflation is headed, according to economists.
July headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. The "core ...
17hon MSN
Wholesale prices post biggest surge in three years, PPI shows. Sign of tariff-related inflation?
The cost of wholesale goods and services — where rising inflation tends to show up first — posted the biggest increase in ...
Producer prices increased by the most in three years in July, suggesting a broad pickup in inflation was imminent. "This is a ...
The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
Bitcoin falls on hot July PPI data showing 0.9% jump. Inflation fears dim Fed rate cut hopes. Retail sales data next key risk factor.
The monthly rise was the biggest since June 2022, and the annual increase the highest since February this year. Core PPI, which strips out volatile data points, rose by 3.7 percent over the year, its ...
And while Deere reported higher-than-expected earnings of $4.75 per share and revenue of $10.4 billion, management now ...
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