US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
PPI accelerated to an increase of 3.31%, driven largely by services, which accelerated to 4.03%. Both increases were the ...
0.3% estimates, according to the Econoday consensus forecast. Over the past 12 months, PPI inflation has run 3.3%, in line ...
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
Inflation remains a big focus for investors, as upcoming economic data could signal whether price pressures persist. Kathy ...
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
U.S. PPI rose 0.2% in December, below forecasts, signaling easing wholesale inflation pressures. Core PPI was flat, raising ...
US wholesale inflation unexpectedly cooled in December, helped by a drop in food costs and flat services prices that may help ...
A gauge of wholesale inflation rose 0.2% in December from November, a softer reading than economists expected and a slowdown ...
U.S. stocks surged on Wednesday, with all three major indexes registering their biggest daily percentage gains in more than ...
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