Producer prices rose less than expected in December, encouraging investors
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before. Compared with a year earlier, producer prices rose 3.3%, biggest jump since February 2023 and up from a 3% gain in November.
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.
Inflation rose to 3.3% in December in producer price index
Inflation, as measured by the producer price index, rose three-tenths of a percentage point to 3.3% for the year ending in December, hinting that the economy may not yet have vanquished price pressures.
PPI: U.S. wholesale prices rose 0.2% in December, undercutting expectations
Wholesale prices rose a seasonally adjusted 0.2% in December, half of what Wall Street forecasters believe would jump while the rate for the core producer price index over the same period remained flat,
US Producer Inflation Cooler Than Expected In December
US producer inflation rose less than analysts expected in December, according to government data released Tuesday, on the back of cooler food costs.
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,
Inflation heated up in December, as prices continue to weigh on Americans
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office. The consumer price index increased by 2.
U.S. inflation picked up in December, though underlying price pressures ease slightly
Excluding the volatile food and energy categories, so-called core inflation declined to 3.2%, after remaining stuck at 3.3% for three months in a row.
US consumer inflation rises in December but underlying pressures ease
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased slightly, raising hopes that underlying inflation may be moderating.
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US producer prices up marginally as services partly offset higher goods costs
US producer prices rose less than expected in December as higher costs for goods were partially offset by stable services ...
US producer prices rose 0.2% last month on higher energy costs
U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer ...
A Niche Inflation Measure Cooled in December
A gauge of wholesale inflation rose 0.2% in December from November, a softer reading than economists expected and a slowdown ...
Next Week: Producer prices, consumer prices, retail sales
The Labor Department releases its producer price index for December on Tuesday. The index measures inflation at the wholesale level, before businesses pass costs on to consumers. Economists predict ...
Wall St set for higher open after softer-than-expected producer price data
Wall Street's main indexes were on track to open higher on Tuesday, as investors assessed softer-than-expected producer ...
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Capital One sued by US watchdog alleging bank cheated customers out of $2 billion
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 ...