US producer prices rise a touch above expectations; weekly jobless claims fall
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve would not be cutting interest rates before the second half of the year.
US Producer Price Index - January 2025
The Producer Price Index for final demand increased 0.4 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.5 percent in December 2024 and 0.
Wholesale Inflation Rose in January More Than Expected
Producer costs are those paid by businesses and are often passed on to customers. The PPI report follows Wednesday’s consumer price index for January that saw inflation rise by 0.5% and 3% for the year.
US producer prices rise slightly above expectations in January
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve would not be cutting interest rates before the second half of the year.
US Inflation Shot Up More Than Expected In January's Producer Price Index
A new government report shows inflation shot up in January for the sixth consecutive month. The Producer Price Index jumped 0.4% in January and 3.5% for the year. Analysts had expected the number to come in at 0.3%.
US Stocks Edge Higher; Producer Prices Increase In January
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining around 0.2% on Thursday. Following the market opening Thursday, the Dow traded up 0.09% to 44,407.78 while the NASDAQ rose 0.21% to 19,690.91. The S&P 500 also rose, gaining, 0.05% to 6,055.03.
US consumer inflation increases at fastest pace in nearly 1-1/2 years in January
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high inflation could imperil his agenda.
US inflation unexpectedly increases to 3% in January
US inflation unexpectedly increased to 3 per cent in January, bolstering the case for the Federal Reserve proceeding slowly with interest rate cuts and hitting stocks and government bonds. Wednesday’s consumer price index figure surpassed the expectations of economists polled by Reuters,
Consumer Price Index shows inflation heated up in January
The Consumer Price Index rose 0.5%, while a measure that strips out energy and food rose 0.4%, the Labor Department said on Wednesday. Why it matters: It's a warning to the White House and the Fed about inflation's potential staying power across the economy.
US consumer prices increase more than expected in January
U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy.
Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.
Wall St advances after producer prices data
Wall Street's main indexes moved higher on Thursday as investors parsed the latest producer prices data, while the prospect ...
U.S. wholesale prices rose 0.4% in December, hotter than expected
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
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US: Wall St opens higher after producer prices data
Wall Street’s main indexes opened higher on Thursday (Feb 13) as investors parsed the latest producer prices data, while the ...