-
Producer Price Index - July 2023
The Producer Price Index for final demand increased 0.3 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in June and declined 0.3 percent in May. (See table A.) On an unadjusted basis, the index for final demand advanced 0.8 percent for the 12 months ended in July. In July, the increase in final demand prices was led by a 0.5-percent rise in the index for final demand services. Prices for final demand goods edged up 0.1 percent. The index for final demand less foods, energy, and trade services moved up 0.2 percent in July, the largest ... (full story)
-
Inflation rises to 0.8% in July in producer price index
Inflation, as measured by the producer price index, ticked up to 0.8% for the year ending in July, a month after nearly flatlining. The new numbers were released on Friday by the Bureau of Economic Analysis. Most economists had expected there to be an increase after annual wholesale inflation clocked in at an ultra-low 1% in June. The increase is one indication that some of the country’s inflationary pressures are still holding up to some degree against the Federal Reserve’s campaign to slow economywide spending by hiking interest rates. On a month-to-month basis, the wholesale price index increased by 0.3%. ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Aug 11, 2023 8:44am Aug 11, 2023 8:44am
- Pebofx
- | Joined Aug 2023 | Status: Junior Member | 1 Comment
- Comment #2
- Quote
- Aug 11, 2023 8:45am Aug 11, 2023 8:45am
- hesron
- Joined Dec 2012 | Status: Member | 1911 Comments
- Comment #3
- Quote
- Aug 11, 2023 8:46am Aug 11, 2023 8:46am
- atillaken
- Joined Sep 2018 | Status: Member | 281 Comments
- Comment #4
- Quote
- Aug 11, 2023 9:02am Aug 11, 2023 9:02am
- masoudja
- | Joined May 2020 | Status: Member | 27 Comments
- Comment #5
- Quote
- Aug 11, 2023 9:56am Aug 11, 2023 9:56am
- Guest
- | IP XX.XXX.3.90
- Comment #6
- Quote
- Aug 11, 2023 10:06am Aug 11, 2023 10:06am
- jordanvic
- | Joined Jul 2020 | Status: Bro | 910 Comments
- Comment #7
- Quote
- Aug 11, 2023 10:11am Aug 11, 2023 10:11am
- Momofrmnyc
- | Joined May 2019 | Status: Rolling in the Pippppssss! | 837 Comments | Online Now
- Comment #8
- Quote
- Aug 11, 2023 10:43am Aug 11, 2023 10:43am
- classy
- Joined Jun 2012 | Status: Trader , Analyst and Mentor | 274 Comments