US Inflation Shot Up More Than Expected In January's Producer Price Index
In January, a 10.4% increase in the index for diesel fuel was a major factor in the advance in prices for final-demand goods. The indexes for chicken eggs, beef and veal, gas fuels, jet fuel, and communication and related equipment also moved higher.
January's producer price index shows big drops in the cost of fruit and veggies. But wholesale vs. retail isn't an ...
The consensus estimate is a 0.2% rise in the producer price index in January, which would match the increase in December.
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Pre-Markets Up on PPI Results, More Earnings ReportsYear over year, headline PPI reached +3.5%. This is 20 bps ahead of expectations, though equal to the previous month???s ...
A hotter-than-expected January producer-price index following Wednesday's too-warm-for-comfort consumer price index won't dispel jitters over sticky inflation. But investors appeared to be taking ...
Analysts expect year-over-year PPI to come in at 3.2%, below December’s 3.3%, with a month-on-month reading of 0.3%, up from ...
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PPI Delivers Good News After Hot CPI, But More Trump Tariffs Are On Tap; S&P 500 Futures RiseInflation isn't as bad as the CPI suggested, new producer price index data shows. S&P 500 futures are rising, but Trump tariffs will keep the Fed on hold.
That may be a tough pill to swallow for consumers who are looking for some relief, as well as for investors who were hoping to see the Fed cut interest rates sooner rather than later. But there may be ...
Gold rose on Thursday, supported by a weaker U.S. dollar and growing worries over U.S. President Donald Trump's tariff plans, ...
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