US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
US stocks end mixed in choppy session
PPI accelerated to an increase of 3.31%, driven largely by services, which accelerated to 4.03%. Both increases were the ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
0.3% estimates, according to the Econoday consensus forecast. Over the past 12 months, PPI inflation has run 3.3%, in line ...
Inflation remains a big focus for investors, as upcoming economic data could signal whether price pressures persist. Kathy ...
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
U.S. PPI rose 0.2% in December, below forecasts, signaling easing wholesale inflation pressures. Core PPI was flat, raising ...
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
Economists at Capital Economics and Pantheon Macroeconomics have crunched the numbers, and they have determined that this week's readings on wholesale and consumer-price inflation likely portend an ...
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