News
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.
July headline PPI reading rose 0.9% month-over-month. This was more than 4X the increase economists were expecting. The "core ...
Investor's Business Daily on MSN1d
Hot PPI Inflation Cools Big Fed Rate-Cut Hopes; S&P 500 Falls
The S&P 500 rally has a downside for inflation: surging portfolio management costs. Those costs surged 5.8% in July. Yet ...
Sourcing Journal on MSN13h
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 ...
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 ...
Producer prices increased by the most in three years in July, suggesting a broad pickup in inflation was imminent. "This is a ...
After robust buying in July, consumer sentiment faltered in August for the first time in four months, according to a ...
Leading cryptocurrencies dived on Thursday after hotter-than-expected wholesale inflation tempered risk appetite.
24/7 Wall St. on MSN12h
Inflation Is Back, Time to Worry
While the Consumer Price Index (CPI) was up only 2.7% year over year in July, a more important measure rose much higher. The ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback