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Wholesale Inflation Flat in February, Better Than Expected - MSNWholesale inflation was unchanged in February, the second reading in a row showing that prices cooled somewhat in the month. While the overall producer price index came in flat, prices for goods ...
The Labor Department said Wednesday that its producer price index, which measures inflation at the wholesale level before it reaches consumers, fell 0.1% in February from the previous month.
Wholesale prices rose a mild 0.2% if the volatile categories of food, energy and retail trade margins are omitted. The so-called core rate is seen as a better predictor of future inflation.
Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S. economy. The producer price index, which measures ...
Wholesale goods prices rose 0.3% for the month, an increase that was fueled largely by sharp inflation in eggs but offset by falling energy prices.
WASHINGTON (AP) — U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now. But the progress may not last as President Trump intensifies his trade wars ...
Yet even excluding the volatile food and energy categories, “core” inflation was still higher than expected in February. Core wholesale prices rose 0.3%, down from a 0.5% jump the previous month.
February prices fell by 0.1% after rising by a downwardly revised 0.3% in January. Economists surveyed by Refinitiv had been expecting the 12-month rise in wholesale prices to slow to a 5.4% increase.
Wholesale prices in the U.S. didn't rise in February. Hooray. The report follows a similarly mild increase in consumer prices. Inflation is still running well above prepandemic levels, however ...
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