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 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.
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,
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 inflation to gauge the Federal Reserve's monetary policy trajectory this year. A Labor Department report showed the producer price index rose 3.
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.
US consumer prices rise slightly above expectations in December
U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
Producer prices rose slightly in December, a positive sign for inflation
Where prices did climb — warehousing and transportation — points to an inventory build. Upcoming CPI will make the inflation picture clearer.
Prices Continued To Rise In December As Inflation Remains Stubborn
Inflation figures came in near as expected for December. Prices rose 0.4% percent and the year-over-year price index increased 2.9 percent. The U.S. Bureau of Labor Statistics issued the December Consumer Price Index on Wednesday morning.
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 ...
Cyprus Mail4h
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 ...
Fox Business4d
US producer prices rise moderately in December
The producer price index for final demand rose 0.2% last month after an unrevised 0.4% advance in November, the Labor Department's Bureau ... unchanged through June. US ECONOMY ADDED 256K ...
Wall Street today: US stocks gain after softer-than-expected producer inflation data, Tesla jumps 4%
ET, the Dow Jones rose 0.31 per cent, the S&P 500 gained 0.37 per cent, the Nasdaq Composite gained 0.64 per cent ...