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 producer price index for final demand undercut expectations in December as core prices didn't budge on the month. S&P 500 futures rose in early Tuesday stock market action as the data settled ...
The December PPI accelerated to an increase of 3.31%, driven largely by services, which accelerated to 4.03%. Both increases were the worst since February 2023. “Core” PPI accelerated to 3.55% ...
There appears to be some welcome news on the US inflation front. Price hikes on the wholesale level were much tamer than anticipated in December, according to the latest Producer Price Index ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0 ...
Wholesale inflation comes in below forecasts … the 10-year Treasury yield is driving the bus … the S&P sits at a critical ...
Inflation came back into focus this week with the CPI and PPI reports being served up. What do they tell us about future Fed ...
Where prices did climb — warehousing and transportation — points to an inventory build. Upcoming CPI will make the inflation picture clearer.
Tuesday’s PPI reading comes one day ahead of a highly anticipated release of the December Consumer Price Index (CPI). Economists expect that print to show little progress, with core inflation ...