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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.
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
2don MSN
Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...
U.S. producer prices rose sharply in July, driven by broad increases in service and goods costs, signaling renewed ...
Wholesale prices increased by an unexpected 0.9% in July, the Bureau of Labor Statistics reported on Thursday, causing ...
U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports ...
US stock futures hovered around the flatline as Wall Street awaited another pulse check on inflation after Tuesday's tepid ...
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