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Higher wholesale gas prices, which jumped 6.8% just from January to February, drove much of last month's increase. Wholesale grocery costs also posted a large gain, rising 1%.
The United States Census Bureau's Monthly Full Report on Manufacturers' Shipments, Inventories, and Orders, more commonly called the Factory Orders report, totals the dollar volume of new orders, shipments, unfilled orders, and inventories reported by domestic manufacturers. [1]
Slowing economic activity was highlighted by a third report on Thursday from the Commerce Department's Census Bureau showing wholesale inventories declining 0.4% in October, instead of falling 0.2 ...
A key US inflation gauge increased last month at its fastest pace since April 2023, showing that underlying price pressures remain persistent.
The wholesale price index (WPI) is the price of a representative basket of wholesale goods. The WPI is published by the Economic Adviser in the Ministry of Commerce and Industry. The Wholesale Price Index focuses on the price of goods traded between corporations, rather than the goods bought by consumers, which is measured by the Consumer Price ...
The latest wholesale data is landing a day before an even more critical read on the state of inflation in the US: The Consumer Price Index for April will be released Wednesday morning. CNN’s ...
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May 8, 2024 at 11:54 AM Oil reversed earlier declines Wednesday after new data showed US inventories fell last week, but futures are still down roughly 8% from their April peak.