US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
US stocks, inflation
PPI accelerated to an increase of 3.31%, driven largely by services, which accelerated to 4.03%. Both increases were the ...
0.3% estimates, according to the Econoday consensus forecast. Over the past 12 months, PPI inflation has run 3.3%, in line ...
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
Today’s PPI report may ignite market volatility, shaping Fed rate expectations and impacting stocks, bonds, and gold as ...
US wholesale inflation unexpectedly cooled in December, helped by a drop in food costs and flat services prices that may help ...
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