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Thursday's PPI reading comes one day after the release of the November Consumer Price Index showed core inflation rose 3.3% for the fourth straight month.
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 ...
Although PPI’s annual rate is at its highest point since February 2023, prices didn’t rise as much as anticipated: Economists were expecting PPI to rise 0.3% on a monthly basis and move to 3.4 ...
A producer price index (PPI) is a price index that measures the average changes in prices received by domestic producers for their output. Formerly known as the wholesale price index between 1902 and 1978, the index is made up of over 16,000 establishments providing approximately 64,000 price quotations that the U.S. Bureau of Labor Statistics (BLS) compiles each month to represent thousands ...
US producer price index 2005-2022. The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978.
The dip in wholesale prices in October brought the year-over-year PPI inflation rate down to just 1.3% as well, compared to 8.2% a year ago. And core PPI inflation, which excludes more volatile ...
WASHINGTON (Reuters) -U.S. producer prices were unchanged in September as a small rise in the cost of services was offset by cheaper goods, pointing to a still-favorable inflation outlook and ...
A key set of inflation prints will serve as the final fodder for investors leading into the Federal Reserve's Dec. 18 interest rate decision.
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