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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.
Wholesale prices surged in July, BLS says
The Federal Government put out a report today that concerns lenders and businesses worried about inflation, jobs and tariffs. The Producer Price Index rose sharply in the last month, and KTVU’s Tom Vacar joins us from a car dealership where tariffs guarantee higher prices.
21hon MSN
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.
Agence France-Presse on MSN22h
US producer inflation highest in three years in July
US producer price inflation bounced in July to its highest reading since 2022, data showed Thursday, with underlying signs ...
U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports ...
In late July Fed Chairman Jerome Powell and the majority of the policy-making Federal Open Market Committee voted to maintain ...
1don MSN
Inflation held steady in July
Gas prices plummeted last year and that's kept inflation lower than expected but a different number, core inflation, which ...
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