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.
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.
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.
U.S. Producer Prices Stall Amid Inflation Concerns
U.S. producer prices experienced a slowdown in December, following a lesser-than-expected rise. While this indicates a downward inflation trend, the Federal Reserve is unlikely to cut interest rates soon.
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.
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 ...
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 ...
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 ...
Seattle Daily Journal of Commerce4d
Producer prices up 0.2% in December
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.
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 ...
Treasuries Close Modestly Higher As Producer Prices Rise Less Than Expected
After moving to the upside early in the session, treasuries showed a lack of direction over the course of the trading day on Tuesday.
Hosted on MSN1d
Yields Spike Ahead Of Trump Inauguration: Here's How It Could Affect The Stock Market, What To Do
The stock market rallied following the election of Donald Trump, but Treasury yields have been spiking ahead of Inauguration Day.