Producer price index and core PPI rise M/M, as expected, in October
The Producer Price Index, or PPI, increased 0.2% M/M in October, matching the consensus and picking up from +0.1% in September, which was revised from 0.0%. On a Y/Y basis, headline PPI increased 2.4% vs. +2.3% consensus and +1.9% prior (revised from +1.8%).
Wholesale inflation came in as expected for October, keeping the Federal Reserve on track to cut interest rates at its ...
Getting inflation back down to 2% is proving to be a grind. Prices paid to producers for their output climbed by 0.2% last ...
Wholesale Producer Price Index inflation rose 0.2% in October and is up 2.4% annually, according to a Thursday report from ...
Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less ...
The stock market was up slightly to start the day on Thursday after bond yields retreated in the wake of the latest update on wholesale price inflation. The Dow Jones Industrial Average was up 85 ...
It has prompted comparisons to Britain's payment protection insurance (PPI) scandal, which was estimated to have cost banks ...
Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of producer prices data, with ...
Stock futures gave back earlier gains after wholesale price inflation ticked higher in October. The producer price index rose 0.2% in October, which matched the consensus estimate among economists.
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