Producer-Price Inflation Stayed Hot Last Month
Firm wholesale price increases persisted in January, a further sign of stubborn inflation after Wednesday's surprisingly hot consumer-price data. The producer-price index rose 0.4% in January, following a 0.
US wholesale prices remained high last month, a sign progress on inflation may have stalled
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers.
Wholesale prices higher than expected last month — fresh on heels of hot inflation report
Wholesale prices rose more than expected in January — one day after government data showed the pace of inflation for US consumers rose unexpectedly last month. The Labor Department’s Producer Price Index soared 3.
December wholesale prices up a hot 0.4% as fight against inflation appears to have stalled
The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% from December and 3.5% from January 2024.
U.S. wholesale prices up a hotter-than-expected 0.4% in December
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates this year. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.
Producer prices report points to softer Fed inflation measure than feared
The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.
January PPI Report: What Investors Need to Know About Rising Inflation
The Producer Price Index (PPI) Report for January is out and it provides investors with insight into inflation’s effect on the U.S. economy. Final demand increased by 0.4% in January compared to a 0.5 ...