PPI shows wholesale inflation increased less than expected in December
Wholesale prices rose less than expected in December, a positive sign for the economy amid recent market fears that inflation isn't falling as quickly as hoped to the Federal Reserve's 2% target. Tuesday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — which tracks the price changes companies see — rose 3.
Wholesale inflation heated up less than expected last month
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
U.S. December PPI Up 0.2%, Below Forecasts; Core Inflation Unchanged
U.S. PPI rose 0.2% in December, below forecasts, signaling easing wholesale inflation pressures. Core PPI was flat, raising optimism about cooling costs.
Inflation may have heated up in December
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.
Wholesale Inflation Comes in Better Than Forecast
The report from the U.S. Bureau of Labor Statistics could help ease market concerns that inflation is proving stubborn.
Bulgarian Inflation Rises To 2.2%, Highest In 5 Months
Bulgaria's consumer price inflation accelerated slightly in December to the highest level in five months, data from the National
PPI Inflation Accelerates To +3.3%, Driven By 'Core Services,' +4.0%, Both The Worst Readings In Nearly 2 Years
PPI accelerated to an increase of 3.31%, driven largely by services, which accelerated to 4.03%. Both increases were the ...
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Inflation rose to 3.3% in December in producer price index
Inflation, as measured by the producer price index, rose three-tenths of a percentage point to 3.3% for the year ending in ...
The Dow soars 600 points as inflation cools and bank earnings slay
The Dow surged 600 points after the latest core inflation report indicated a slowdown, bolstered further by strong banking ...
Stock market today: Indexes tick higher as producer inflation comes in cool
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
Inflation pressures continue ahead of CPI and PPI prints
Inflation remains a big focus for investors, as upcoming economic data could signal whether price pressures persist. Kathy ...
Gold edges up on soft inflation print, US CPI in focus
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
Stock market today: Indexes mixed as investors brace for a critical inflation report
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.