PPI shows wholesale inflation increased less than expected in December
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. Tuesday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — which tracks the price changes companies see — rose 3.
US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
U.S. December PPI Up 0.2%, Below Forecasts; Core Inflation Unchanged
U.S. PPI rose 0.2% in December, below forecasts, signaling easing wholesale inflation pressures. Core PPI was flat, raising optimism about cooling costs.
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
Inflation accelerated as expected in December
US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above November's 2.7% rate.
Inflation Ticked Up To 2.9% In December As Expected—Highest Since July
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America economists.
PPI Inflation Accelerates To +3.3%, Driven By 'Core Services,' +4.0%, Both The Worst Readings In Nearly 2 Years
PPI accelerated to an increase of 3.31%, driven largely by services, which accelerated to 4.03%. Both increases were the ...
Wholesale inflation heated up less than expected last month
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Inflation rose to 3.3% in December in producer price index
Inflation, as measured by the producer price index, rose three-tenths of a percentage point to 3.3% for the year ending in ...
Stock market today: Indexes tick higher as producer inflation comes in cool
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
Inflation pressures continue ahead of CPI and PPI prints
Inflation remains a big focus for investors, as upcoming economic data could signal whether price pressures persist. Kathy ...
PPI: U.S. wholesale prices rose 0.2% in December, undercutting expectations
Wholesale prices rose a seasonally adjusted 0.2% in December, half of what Wall Street forecasters believe would jump while ...
Stock market today: Indexes mixed as investors brace for a critical inflation report
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
Gold Rises, Dollar Falls as Inflation Cools—Can Retail Sales Keep Markets Optimistic?
Cooler inflation sparks hope for Fed rate cuts. Retail sales data and Trump’s inauguration set the stage for market moves in ...
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PPI Inflation Is Tame, But Airfares Ground S&P 500 Rally Ahead Of CPI
The producer price index showed that core prices were flat last month, lifting S&P 500 futures ahead of tomorrow's CPI, ...