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The Labor Department reported Wednesday that its producer price index was unchanged last month from May after rising 0.3% the ...
June wholesale prices rose 2.3% from a year earlier, the smallest year-over-year gain since September. Both measures came in below what economists had expected.
Excluding volatile food and energy prices, so called core producer prices were also unchanged from May and up 2.6% from June 2024. The report on wholesale inflation arrived a day after the Labor ...
U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher. The Labor Department reported Wednesday that its producer price index ...
But producer prices at steel mills fell 5.5% despite Trump’s hefty 50% tax on imported steel. Some companies bought products before Trump rolled out his tariffs and have relied on those ...
Excluding volatile food and energy prices, so called core producer prices were also unchanged from May and up 2.6% from June 2024. The report on wholesale inflation arrived a day after the Labor ...