Wholesale, producer prices
Producer price index unexpectedly falls in May; core measure stalls
M/M in May, softer than the 0.1% increase expected and decelerating from April's +0.5% print, the U.S. Department of Labor said on Thursday. From a year earlier, PPI rose 2.3%, compared with the +2.5% consensus and +2.
Inflation unexpectedly fell to 2.2% in May in producer price index, good news for Fed
Inflation, as measured by the producer price index, declined to 2.2% for the year ending in May, the Bureau of Labor Statistics reported in good news for the Federal Reserve.
US producer prices unexpectedly fall in May
U.S. producer prices unexpectedly fell in May amid lower energy costs, another indication that inflation was subsiding after surging in the first quarter.
US Producer Prices Surprise With Biggest Decline Since October
US producer prices unexpectedly declined in May by the most in seven months, another welcome development that will strengthen the Federal Reserve’s confidence in moderating inflation.
Producer Prices Declined 0.2% in May
Washington, DC, June 13, 2024-The Producer Price Index for final demand declined 0.2% in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. Final demand prices increased 0.5% in April and edged down 0.1% in March.
U.S. Producer Prices Unexpectedly Dip In May, Annual Growth Slows
A report released by the Labor Department on Thursday showed producer prices in the U.S. unexpectedly edged lower in the month of
Live news: US producer prices ease more than forecast in May
US wholesale inflation unexpectedly cooled in May, in a further sign that price pressures could be easing amid tight monetary policy. The producer price index, a leading indicator
US Wholesale Prices Unexpectedly Drop In May
US wholesale prices unexpectedly declined last month, according to fresh US government data published Thursday, as goods prices fell, in another sign that price pressures eased in May.
Declining May Wholesale Inflation Shows More Easing of Price Pressures
Key Takeways The Producer Price Index (PPI), a measure of wholesale inflation, dropped in May.The decline in PPI was a ...
Ice Cold Producer Inflation Data Sparks Economist Reactions: 'More Data In The Correct Direction'
Fed may consider rate cuts after disappointing producer inflation in May, which was driven by decline in energy prices and ...
Producer Prices Slip in May From Previous Month
Producer prices fell 0.2% in May from the prior month, the Labor Department said Thursday, the latest sign inflation ...
Gold Price Forecast: XAU/USD accelerates south after losing the $2,300 mark
After a volatile Wednesday, the US Dollar recovered the ground lost following United States (US) first-tier events, pushing ...
Producer Prices Slip in Another Sign of Cooling Inflation
Producer prices slipped in May, indicating the Federal Reserve’s efforts to curb inflation are taking root. The producer price index fell 0.2% in May from April, according to the Bureau of Labor ...
Cooler-Than-Expected Producer Prices Could Hold Down Closely Watched Inflation Measure
Thursday’s lower-than-expected reading on producer prices means that the Federal Reserve’s preferred inflation gauge is se ...
Nasdaq, S&P 500 rise on soft producer inflation data, chip strength
Futures tracking the Nasdaq leapt on Thursday on gains in heavyweight technology stocks, aided by broadly unchanged bets on ...
MT Newswires on MSN5h
Stock Futures Mostly Up Pre-Bell Ahead of Producer Price Index Report; Asia Rises, Europe Down
The benchmark US stock measures were mostly pointing higher before Thursday's open as traders gear up for the release of last month's producer price index report. The S&P 500 futures edged up 0.1% and ...