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Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
U.S. producer prices increased more than expected in July amid a surge in the costs of services and goods, suggesting a ...
5hOpinion
The Nation on MSNThe Case Against E.J. Antoni
Opposing his nomination to head the Bureau of Labor Statistics is the one thing the left and right can agree on.
With inflation easing and the labor market cooling, the risks of keeping policy too tight are mounting. The CME Group now ...
WASHINGTON, DC, US — The Consumer Price Index for baked foods and cereal products was unchanged in July, according to the Bureau of Labor Statistics of the US Department of Labor. The index for all ...
The surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September ...
US wholesale inflation accelerated in July by the most in three years, boosted by a surge in the costs of services.
Not too hot, not too cold — this was just right. The latest inflation report delivered a best-case scenario for the stock ...
Wholesale prices in the United States rose sharply in July, according to a Bureau of Labor Statistics (BLS) report released ...
Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12 month increase since February. On a ...
The Consumer Price Index in July rose 2.7% year-over-year, and so did grocery prices, which have gotten more expensive ...
The latest Producer Price Index, which measures the average change in prices paid to producers, jumped 0.9% from June, lifting the annual rate to 3.3%, according to Bureau of Labor Statistics data.
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