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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.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...
July's PPI inflation report heightened worries over tariff-fueled consumer inflation and raised questions about the Fed's ...
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PPI Jumps in July, Underscoring Growing Costs for US Manufacturers-And Likely Future Price Hikes for Consumers
The Bureau of Labor Statistics (BLS) released its Producer Price Index (PPI) on Thursday, revealing an unexpected 0.9 percent ...
Stocks moved lower on Thursday as investors reacted to the producer-price index showing a 0.9% bump for the month of July.
The report issued Thursday, known as the producer-price index, is volatile, and many analysts look to it more as a gut check ...
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