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The latest Producer Price Index, a closely watched measurement of wholesale inflation, showed that prices paid to producers rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau ...
WASHINGTON (AP) — U.S. wholesale prices rose sharply last month, a sign that stubbornly high inflation may persist after three elevated readings in consumer prices to start the year.
Measured from a year earlier, wholesale prices were up 2.2% in May. The producer price index can provide an early read on where consumer inflation is headed.
(CNN) — US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers. The Producer Price Index, a measurement of ...
Still, one potential favorable sign for inflation-weary consumers: Wholesale food prices dropped 0.2% for the month. In September, they shot up by 1%, the largest monthly gain since February.
The Producer Price Index, a wholesale inflation gauge that is being closely watched for tariff-related impacts, showed that price hikes slowed substantially in February.
The Producer Price Index, a wholesale inflation gauge that is being closely watched for tariff-related impacts, showed that price hikes slowed substantially in February. The PPI index was ...