News
Inflation shock: Core producer prices hit 3-year high in July in 'head-scratching' inflation surge
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole speech.
The Producer Price Index (PPI) for final demand rose 0.9% in July, marking its largest monthly increase since early 2022. The ...
The surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September ...
Sourcing Journal on MSN22m
PPI Jumps in July, Underscoring Growing Costs for US Manufacturers-And Likely Future Price Hikes for Consumers
The Bureau of Labor Statistics (BLS) released its Producer Price Index (PPI) on Thursday, revealing an unexpected 0.9 percent ...
The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
Producer prices increased by the most in three years in July, suggesting a broad pickup in inflation was imminent. "This is a ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback