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.
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures are gradually diminishing and no longer a key driver of inflation.
Construction input prices decreased 0.2% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data.
Federal Reserve policymakers voted Wednesday to hold interest rates steady in its first rate decision of the year.
The December CPI report showed that core inflation continued to moderate in key areas like goods, even as the headline inflation rate ticked up slightly thanks to rising energy prices. Markets celebrated after that report, which eased investors’ worries about reaccelerating price pressures.
New figures will be published not later than 30 days after the period under review. The producer price index (ppi) is an index figure that reflects the average price development of Dutch industrial products. The price indices of the sales are a weighted ...
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.
The American Institute for Economic Research's Everyday Price Index (EPI), calculated and published monthly, rose 0.12 percent to 288.3 in December 2024. This is the first rise in the index after five consecutive months of declines beginning in July 2024. For the year ending in December, the EPI rose 1.8 percent.
The price of eggs has more than doubled over the past year as avian influenza hits poultry farms across the country.
Trade groups applauded Trump’s desire to make housing and building more affordable, but most of the challenges are local.
The so-called core consumer price index — which excludes food and energy costs — increased 0.2% after rising 0.3% four straight months, Bureau of Labor Statistics figures ... feed through to the PCE from the producer price index, a measure of wholesale ...
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