US Inflation Shot Up More Than Expected In January's Producer Price Index
In January, a 10.4% increase in the index for diesel fuel was a major factor in the advance in prices for final-demand goods. The indexes for chicken eggs, beef and veal, gas fuels, jet fuel, and communication and related equipment also moved higher.
Wholesale Producer Price Index inflation in the United States rose 0.4% in January, according to a Thursday Bureau of Labor ...
Key Takeaways The Producer Price Index showed wholesale inflation was up 3.5% year-over-year in January, and higher by 0.4% ...
Things aren‘t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it‘s making ...
The latest U.S. producer-price inflation data have slightly brought forward market expectations of when the Federal Reserve will cut interest rates. Wednesday's above-forecast CPI data pushed market ...
Gold is historically the best inflation hedge, currently in a bull market with strong potential returns, making it a top ...
It’s not logical for the dollar to fall when the US has the better growth, inflation not cooling, a semi-hawkish central ...
While the PPI report was undeniably hot, the Personal Consumption Expenditures (PCE) price index came in softer.
Analysts expect year-over-year PPI to come in at 3.2%, below December’s 3.3%, with a month-on-month reading of 0.3%, up from ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
US stock futures drifted sideways on Thursday, with investors assessing the prospects for US-Russia peace talks on Ukraine as ...
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