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Producer Price Index rises less than expected in December
The Bureau of Labor Statistics showed that its producer price index (PPI) rose 3.3% from the year prior, up from 3% in ...
Wholesale prices and CPI don’t go hand in hand
Investors shouldn’t expect a tame reading in wholesale inflation in December to translate into a small increase in consumer prices. It might, and it might not. The producer price index moves in the ...
Inflation rose to 3.3% in December in producer price index in threat to outlook
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest rates restrictively high for longer.
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 ...
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PPI Up Big on Hotter Food Prices, Jobless Claims Higher
this morning we see the Producer Price Index (PPI) numbers for November, the wholesale side of the inflation equation. Headline month over month came in double expectations to +0.4%, the highest ...
Producer Price Inflation Rises Less Than Expected, Offers Opportunity For Market Rebound
Producer prices rose less than expected in Dec, easing Fed's inflation concerns and providing relief to markets. Core PPI ...