producer price index News Updates

WASHINGTON — Wholesale costs picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak of two years ago.

WASHINGTON — U.S. producer prices soared 11% in April from a year earlier, a hefty gain that indicates high inflation will remain a burden for consumers and businesses in the months ahead.

Prices paid to U.S. producers jumped in March from a year ago by the most in records back to 2010, topping all estimates and underscoring persistent early-stage inflationary pressures that risk feeding through to consumers.

WASHINGTON — Prices at the wholesale level surged by a record 9.6% in November from a year earlier, an indication of ongoing inflation pressures.

WASHINGTON — Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010.

A measure of underlying U.S. producer prices unexpectedly fell in July, with the first drop since early 2017 adding to signs of muted inflation that may reinforce the case for further Federal Reserve easing.

A measure of underlying U.S. producer prices increased in June by more than forecast, driven by trade services and indicating inflation may be starting to stabilize.

U.S. wholesale prices rose 0.2% last month, held down by lower food and energy costs, suggesting that inflation remains in check despite the economy’s robust growth.