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Producer Price Index: Wholesale Inflation Hotter Than Expected In July
The producer price index (PPI) for final demand rose 0.9% month-over-month after a flat reading in June. Core PPI, which excludes food and energy prices, rose 0.9% month-over-month after a flat reading in June. In July, the PPI for finished goods rose 0.5% month-over-month, up from 0.4% in June.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest ...
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Soaring Wholesale Prices Mean Higher Inflation Is Coming. Are Tariffs To Blame?
A key indicator of coming inflation is flashing bright red right now—and tariffs are likely a big part of the reason why.
We learned Tuesday that consumer prices are relatively stable across many goods and services, despite higher tariffs. On ...
The economic forecast is getting bleaker by the month. In July, wholesale inflation rose at the fastest monthly pace since ...
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