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 consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
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US wholesale inflation accelerated in November in sign that some price pressures remain elevatedWASHINGTON (AP) — Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the ...
US wholesale inflation unexpectedly cooled in December, helped by a drop in food costs and flat services prices that may help ...
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.
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
U.S. stocks opened higher after a cool inflation report eased fears for now that inflation is ticking back up. The ...
Stock index futures pointed to a higher open Tuesday, but direction will likely be dictated by the producer price index out ...
If year-on-year total and core CPI consumer inflation rates accelerate, financial markets risk turbulence as investors’ 2025 ...
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