inflation, Producer Price Index
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Markets ended the week largely unfazed by a hotter wholesale inflation print and signs of firming consumer prices, but some economists warn the underlying story is more concerning than investors seem to believe.
While the overall reading on consumer prices was steady, a measure excluding food and energy categories rose to 3.1%.
The stock markets were unanimously pleased with the latest CPI inflation print. Check out my key takeaways from the latest CPI inflation report.
July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
The annual inflation rate held steady in July as President Donald Trump's tariffs had less of an impact on some consumer prices than forecasters expected, but the details had a few devils as the key "core" inflation gauge accelerated.
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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.
The Bureau of Labor Statistics reported the July consumer price index which showed CPI inflation continued to rise as tariffs push prices higher for U.S. businesses and consumers.
Nigeria's annual inflation rate eased in July to 21.88% from 22.22% in June, marking the fourth month of decline, data from its statistics agency showed on Friday.