inflation, Producer Price Index
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The latest producer price index, which measures the average change in prices paid to producers, jumped .09% in June.
Producer prices increased by the most in three years in July, suggesting a broad pickup in inflation was imminent. "This is a kick in the teeth for anyone who thought that tariffs would not impact domestic prices in the United States economy,
US wholesale inflation accelerated in July by the most in three years, suggesting companies are passing along higher import costs related to tariffs.
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Agence France-Presse on MSNUS producer inflation highest in three years in July
US producer price inflation bounced in July to its highest reading since 2022, data showed Thursday, with underlying signs that businesses are facing pressures from President Donald Trump's tariffs. "Input costs for producers jumped in July as price pressures for businesses build from compounding tariff impacts,
Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist, a move that could further stoke inflation.
U.S. wholesale inflation accelerated in July by the most in three years, boosted by a surge in margins that indicates companies are not absorbing
President Donald Trump received unpleasant news from a friendly face on Thursday morning. Fox Business Host Maria Bartiromo was live on air when the Producer Price Index report for July was released by the Bureau of Labor Statistics,
US stock futures hovered around the flatline as Wall Street awaited another pulse check on inflation after Tuesday's tepid figures sent rate-cut bets and markets soaring.