Wholesale prices in the US rise more than anticipated, increasing 2.9% from the previous year
Wholesale Prices Exceed Expectations in January WASHINGTON — Last month saw U.S. wholesale prices surpass predictions. The Labor Department released a report on Friday revealing that the producer price index, which gauges inflation prior to reaching consumers, increased by 0.5% from December and 2.9% compared to January 2025. Economists had anticipated a 0.3% rise from […]
Stock futures drop after S&P 500 ends lower; wholesale inflation figures are on the horizon: Live updates
Market Update: Stock Futures Decline Amid Tech Woes Stock futures took a hit Thursday night. The S&P 500 closed lower, primarily affected by declines in Nvidia’s stock. Traders were also cautiously watching for inflation data set to be released Friday morning. The Dow Jones Industrial Average futures fell by 268 points, or 0.5%. Meanwhile, S&P […]
Turkey’s population hits a 40-year low as wholesale prices rise by 40 percent, reports indicate.
Over the last four decades, the turkey population in the U.S. has been on a decline, which has resulted in a 40% increase in wholesale turkey prices, according to officials. Forecasts for 2025 indicate that only 194.5 million turkeys will be commercially raised, reflecting a 3% drop from 2024. This number represents the lowest level […]
Wholesale inflation surprisingly decreased in August, setting the stage for a potential interest rate cut by the Fed next week.
Wholesale prices took an unexpected dip in August, with inflation rates for producers falling significantly below expectations. This shift indicates that the Federal Reserve might consider cutting interest rates as early as next week. The producer price index (PPI), which tracks the prices for final products and services, decreased by 0.1% in August. This outcome […]
Wholesale Price Index Rises at Highest Rate Since June 2022
Producer Price Index Sees Significant Rise The producer price index (PPI) experienced a noticeable increase of over 0.9% last month, marking the most substantial rise since June 2022. According to a report from the Bureau of Labor Statistics (BLS), wholesale prices—representing the cost at which manufacturers or suppliers sell large batches of goods to retailers—increased […]
Wholesale inflation greater than anticipated in July
Wholesale prices saw a surprising jump in July, rising at a pace that was much higher than anticipated. The producer price index (PPI), which tracks the prices of goods and services for final demand, climbed by 0.9% in July. This increase is the largest seen since June 2022, as reported by the Bureau of Labor […]
Wholesale prices rise less than anticipated before next week’s Fed meeting
Wholesale prices in the U.S. have seen a slight increase since last month, but inflationary pressures appear to be under control. The Labor Bureau reported that producers’ price indexes—a measure of inflation experienced by producers before it reaches consumers—rose by 2.6% year-over-year in May. From April to May, producer prices ticked up by 0.1%, following […]
Wholesale prices drop sharply, the biggest decrease since 2020, despite tariffs.
In a surprising turn, US wholesale prices decreased in April for the first time in over a year, despite President Trump’s sweeping import tariffs. The Producer Price Index (PPI), which gauges inflation before consumer impact, saw a 0.5% drop from the previous month—this marked the first decline since October 2023 and was the most significant […]
Wholesale prices dropped sharply in April during the trade conflict.
In April, wholesale prices experienced their most significant drop since the early days of the pandemic, coinciding with Trump’s ongoing trade war. The Producer Price Index (PPI), which tracks wholesale inflation, decreased by 0.5% from March to April. This marks the largest monthly decline since April 2020, just after the pandemic led to widespread economic […]
Wholesale inflation unexpectedly plummets in March as gas prices sink
Prices for US producers achieved their first monthly decline in March, nearly 1-1/2 years. Petrol prices said Friday as they plummeted in the last month before tariffs on US imports began. The producer price index for final demand fell 0.4% last month, according to the Labor Bureau's Labor Statistics Bureau. The economist voted by Reuters […]