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US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers. ... On an annual basis, core PPI cooled to 3.6% from 3.7% ...
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.
The core index was up 2.4% for the 12 months ended in April — the highest annual rate since August of last year. On a monthly basis, core shot up 0.5% — well above estimates for a 0.2% increase.
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.
Core-Mark was a marketer of food products to the convenience retail industry in North America. In 2021, when Core-Mark was acquired by Performance Food Group , Core-Mark served 44,000 customer locations in the U.S. and Canada and operated 32 distribution centers with headquarters in Westlake, TX and 8,100 employees throughout North America.