Inflation rose to 2.4% in Oct. in producer price index

Inflation rose to 2.4% in October in producer price index
Inflation, as measured by the producer price index, rose six tenths of a percentage point to 2.4% for the year ending in October, the Bureau of Labor Statistics reported Thursday, a troubling sign that inflation pressures remain strong. Economists had ...
Rising US producer prices add to signs of fading disinflation
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, another sign that progress towards lower inflation was stalling.
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%).
Producer Prices Rose 0.2% in October
In October, most of the rise in final demand prices can be traced to a 0.3% advance in the index for final demand services. Prices for final demand goods inched up 0.1%.
U.S. Producer Prices Rise 0.2% In October, In Line With Estimates
After yesterday's consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday
US producer prices rise as expected in October
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and hospital outpatient care, further evidence that progress toward lower inflation was stalling.
October Producer Price Growth Accelerates
Producer price growth accelerated in October sequentially as wholesale costs of goods rebounded, the Bureau of Labor Statistics reported Thursday. The US producer price index increased 0.2% last month on a seasonally adjusted basis,
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How new producer price data signals potential costs for Americans
New economic data is trickling in and the latest producer price index numbers could signal a potential trend about the ...
Producer Inflation Data May Have Picked Up in October
Producer price data on Thursday might look like a setback in the last mile of the Federal Reserve’s inflation fight, but it ...
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Producer price increase hints at slower inflation decline
WASHINGTON >> U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and ...
October wholesale PPI inflation up 0.2% for annual rate of 2.4%, meeting expectations
Wholesale Producer Price Index inflation rose 0.2% in October and is up 2.4% annually, according to a Thursday report from ...
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US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Thursday's report from the Labor Department showed that its producer price index — which tracks inflation before it ...
USA Today3d
Wall Street struggles for direction after in-line monthly producer prices
The producer price index (PPI) for final demand rose 0.2% on a monthly basis in October, in line with forecasts, though the annual rise of 2.4% was a touch higher than expectations. Meanwhile ...
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
US Producer Prices Rise, Risking Pressure in Fed’s Favored Gauge
US producer prices picked up in October, fueled in part by gains in portfolio management costs and other categories that feed ...