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PPI inflation shock: Core producer prices hit 3-year high in July in 'head-scratching' inflation surge
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole speech.
Producer Price Index: Wholesale Inflation Hotter Than Expected In July
The producer price index (PPI) for final demand rose 0.9% month-over-month after a flat reading in June. Core PPI, which excludes food and energy prices, rose 0.9% month-over-month after a flat reading in June. In July, the PPI for finished goods rose 0.5% month-over-month, up from 0.4% in June.
The Producer Price Index (PPI) for final demand rose 0.9% in July, marking its largest monthly increase since early 2022. The ...
Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...
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Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
The surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September ...
U.S. wholesale inflation accelerated in July by the most in three years, boosted by a surge in margins that indicates ...
Factory-gate prices probably rose in July, economists forecast. The producer-price index likely increased 0.2% from a month earlier, according to economists polled by The Wall Street Journal. The inde ...
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