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US producer prices unchanged with wholesale inflation remaining under control
The Labor Department reported Wednesday that its producer price index was unchanged last month from May after rising 0.3% the previous month. June wholesale prices rose 2.3% from a year earlier, the smallest year-over-year gain since September. Both measures came in below what economists had expected.
US Jun Producer Prices Final Demand Unchanged, Consensus +0.2%
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Beige book shows slight US economic growth
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Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010.
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US wholesale inflation was muted in June, presenting what would seem to be a better-than-expected outcome amid President Donald Trump’s hefty tariffs on global trading partners. However, a steep ...
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 ...
US stocks advanced on Wednesday as investors digested another round of strong bank earnings and welcomed subdued wholesale ...
The latest Producer Price Index, a closely watched measurement of wholesale inflation, rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released Thursday ...
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