News

Wholesale inflation surges in July, potentially complicating Fed’s rate cut plans

Wholesale prices in the United States rose sharply in July, according to a Bureau of Labor Statistics (BLS) report released ...

Inflation unexpectedly jumped to 3.3% in July in producer price index

Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12-month increase since February. On a ...
ConsumerAffairs20m

Tariffs show up in July’s Producer Price Index

The Producer Price Index (PPI) for final demand rose 0.9% in July, marking its largest monthly increase since early 2022. The annual PPI increase r ...