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The Producer Price Index, a closely watched measurement of wholesale inflation, showed Thursday that the prices paid to US producers dropped 0.5% in April from the month before, according to ...
US wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Trump’s sweeping taxes on imports. The producer price index — which tracks inflation ...
The US Dollar (USD) reversed earlier losses and edged higher on Wednesday, as investors shifted away from risk-linked assets ...
PPI measures wholesale inflation, or prices businesses pay for their goods and services. Economists polled by Dow Jones had anticipated April PPI grew by 0.3% from the prior month. Jamie Cox ...
However, Tuesday’s data is largely backward-looking, since the US and China announced on ... The Fed will be looking toward wholesale inflation data, set to be released Thursday morning.
WASHINGTON (AP) — A closely watched inflation gauge cooled last month ... At the same time, consumers accelerated their spending, particularly on cars, likely in an effort to get ahead of ...
In Europe, strong growth numbers were spoiled by stronger-than-expected inflation update, while in the US, terrible GDP figures were countered by a softer-than-expected PCE read. In Japan ...
(CNN) — US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.
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