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Posts Tagged: “wholesale prices“
Wholesale Inflation Jumps as Energy Costs Surge
The Bureau of Labor Statistics reported Thursday that the Producer Price Index (PPI) for final demand rose 0.4% in August, a sharp acceleration from July’s 0.1% gain and June’s 0.1% decline. On an unadjusted basis, wholesale prices are up 5.4% over the past 12 months, more than double the Federal Reserve’s 2% target. The report […]
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Headline PPI Holds Steady in July, but Core Price Pressures Persist
The Bureau of Labor Statistics reported Thursday that its Producer Price Index (PPI) for final demand was unchanged in July, a reading that stands in contrast with the 4.7 percent increase recorded over the past 12 months. Consumer prices showed a similar pattern: the Consumer Price Index (CPI-U) rose 0.1 percent for the month but […]
Producer Prices Continue to Rise at Near-Record Pace
Producer prices continue to rise at a near-record pace, further undercutting the notion that we’ve reached “peak inflation.”
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