Latest U.S. Producer Price Index Stories
The Producer Price Index for finished goods rose 1.8 percent in June, the third straight month a gain was recorded, the U.S. Labor Department said Tuesday. The seasonally adjusted June increase in finished goods prices was broadbased, the department's Bureau of Labor Statistics said in a release.
The Producer Price Index for finished goods in the United States rose slightly in May, the Bureau of Labor Statistics reported Tuesday. The PPI rose 0.2 percent during the month, an indication inflation was still in check. Core prices, which exclude energy and food items, shrank 0.1 percent, as energy prices rose a less-than-expected 2.9 percent and food prices fell 1.6 percent. In the past 12 months, prices for finished goods have fallen 5 percent, the bureau said.
The Producer Price Index for finished goods in the United States rose slightly in April, the Bureau of Labor Statistics reported Thursday. The PPI rose 0.3 percent during the month in spite of a decline in energy costs, which fell 0.1 percent in the month after falling 5.5 percent in March. Food prices for producers rose 1.5 percent in April following a fall of 0.7 percent in March. April included a 43.7 percent price hike for eggs and rising prices for milk, beef, pork, poultry and...
The Producer Price Index for finished goods in the United States fell in March, the Bureau of Labor Statistics reported Tuesday. The PPI fell 1.2 percent in March following a 0.1 percent gain in February.
Inflation in China slowed slightly in January as consumer demand is falling, an economic analyst said. The consumer price index rose 1.2 percent in December from a year ago but only 1 percent in January, the National Bureau of Statistics said Tuesday. Economist Li Huiyong at brokerage firm Shenyin-Wanguo said falling demand and tighter money supplies had slowed inflation, Xinhua reported. Inflation peaked at 8.7 percent in February last year.
China reported Wednesday its producer price index fell sharply in November, slowing to an annual rate of 2 percent, compared to 6.6 percent in October. The wholesale price inflation rate, announced by the National Bureau of Statistics, has been falling from August's 12-year high of 10.1 percent, Xinhua
China's July producer price index rose 10 percent from year-ago levels because of higher prices for raw materials, fuel and power. The jump in the July PPI, which measures ex-factory prices of finished products, was the highest in 12 years, the National Bureau of Statistics said Monday.
The U.S. producer price index jumped a seasonally adjusted 1.8 percent in June, the U.S. Labor Department said Tuesday. The index, following a 1.4 percent gain in May, came in above the consensus expectation of 1.4 percent.
WASHINGTON (Reuters) - Soaring energy costs pushed U.S. producer prices up by twice as much as expected in July, government data showed on Wednesday, with core prices excluding food and energy also flashing a warning of future inflation.
WASHINGTON (Reuters) - U.S. producer prices rose twice as fast as expected last month on soaring energy costs, government data showed on Wednesday, while prices excluding food and energy also topped forecasts in a sign of building inflation pressures.
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