The Bureau of Labor Statistics showed that its producer price index (PPI) rose 3.3% from the year prior, up from 3% in November but below the 3.5% increase economists had projected.

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.

The first of a pair highly anticipated inflation reports will land on Tuesday, with markets on edge and traders betting on little-to-no easing by the Federal Reserve in 2025. With a solid economic and labor market backdrop,

Inflation is still here, and not until Biden leaves can we believe any of their reports. Dr Matt Will joins Tony Katz to discuss this and Trump's ERS. #PPI, #ERS, #ExternalRevenueService, #Tariffs, #Inflation,

The Producer Price Index for final demand edged up 0.2% in December, seasonally adjusted, the U.S. Bureau of Labor Statistics

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 of Labor Statistics said on Tuesday.

Learn about the latest Producer Price Index data for December 2024, showing a % increase from the previous month and meeting consensus expectations.

Producer prices rose less than expected in Dec, easing Fed's inflation concerns and providing relief to markets. Core PPI also flattened.

Stock futures jumped after Wall Street finally got an encouraging update on inflation. The producer price index rose 0.2% in December on a monthly basis, the Bureau of Labor Statistics said Tuesday. Economists polled by FactSet were forecasting a 0.

Cool wholesale inflation numbers provide only slight relief before Wednesday's release of December Consumer Price Index data.

According to the January 2025 Food Price Outlook, egg prices saw the biggest spike, up 37% year-over-year. When you look ahead, USDA expects outbreaks of highly pathogenic avian influenza (HPAI) to continue to cause egg prices to climb.

On Wednesday, the price of bitcoin continued rising, surging to over $99,000 as it looked poised to return to the $100,000 mark, driven by new inflation data. Minutes after the U.S. Bureau of Labor Statistics unveiled new data from the Consumer Price Index, bitcoin’s price jumped by $1,500, representing a 2% price improvement for the day.