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.
The consensus estimate is a 0.2% rise in the producer price index in January, which would match the increase in December.
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
Firm wholesale price increases persisted in January, a further sign of stubborn inflation after Wednesday's surprisingly hot ...
January's producer price index shows big drops in the cost of fruit and veggies. But wholesale vs. retail isn't an ...
The Producer Price Index for final demand increased 0.4 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.5 percent in December ...
Humans are forward-looking. That can lead to preparation but also anxiety. On Thursday, optimism and relief won over fears ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
While the PPI report was undeniably hot, the Personal Consumption Expenditures (PCE) price index came in softer.
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