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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.
The surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September ...
Live Updates Live Coverage Has Ended Thursday Wrap-up 4:20 pm The Vanguard S&P 500 ETF closed Thursday almost flat at 592.77, ...
The July Producer Price Index rose 0.9% M/M, miles ahead of the 0.2% increase expected and June's unrevised flat reading.
Wholesale inflation picked up more than expected last month, indicating that mounting pressure on input costs will likely ...
A 0.9% monthly increase in factory-gate prices in July was an ugly surprise to economists, who were expecting a 0.2% rise.
CNBC Senior Economics Reporter Steve Liesman joins Meet the Press NOW to discuss a report from the Labor Department ...
U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump's sweeping taxes on imports ...
5hon MSN
Inflation alarm bells went off again and prices are rising. Just how bad is it going to get?
The biggest increase in wholesale prices in three and a half years stunned Wall Street, but is tariff-related inflation ...
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