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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.
Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...
We received surprising economic data from the Labor Department on Thursday: The July producer price index, or PPI, declined from June — by half a percentage point, or 0.5%.
US stock futures hovered around the flatline as Wall Street awaited another pulse check on inflation after Tuesday's tepid ...
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Positive price trends seen in July amid demand pickup
The consumer price index, a main gauge of inflation, climbed 0.4 percent in July compared with the previous month, reversing a 0.1 percent drop in June and exceeding the average seasonal pace of 0.3 ...
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