Wholesale Producer Price Index inflation in the United States rose 0.4% in January, according to a Thursday Bureau of Labor ...
Humans are forward-looking. That can lead to preparation but also anxiety. On Thursday, optimism and relief won over fears ...
Wholesale inflation has accelerated for five straight months and is currently at its highest level since February 2023. Read more here.
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 producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Bureau of Labor Statistics said on Thursday.
Reduced Fed rate cut bets act as a tailwind for the buck and limit losses for the pair.
The hotter-than-expected wholesale inflation came just a day after data showed consumer prices rose more than anticipated.
The core PPI, which excludes food and energy prices, ticked up 0.3% in January, matching expectations and down from an ...
The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
Gold has witnessed seven straight weeks of gains, a pattern that has occurred only once before in 2011. Gold prices surged to ...
U.S. wholesale prices rose in January by more than forecast on higher food and energy costs, highlighting only limited ...