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Wholesale 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.
While slamming the brakes on wholesale inflation is certainly a win for businesses, it’s also a win for consumers because ...
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.
The Labor Department reported Wednesday that its producer price index was unchanged last month from May after rising 0.3% the previous month. June wholesale prices rose 2.3% from a year earlier, the ...
US wholesale inflation was muted in June, presenting what would seem to be a better-than-expected outcome amid President ...