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U.S. producer prices rise 0.2% in Dec., less than expected
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.
Producer prices rose slightly in December, a positive sign for inflation
Where prices did climb — warehousing and transportation — points to an inventory build. Upcoming CPI will make the inflation picture clearer.
Inflation rose to 3.3% in December in producer price index in threat to outlook
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest rates restrictively high for longer.
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 inflation to gauge the Federal Reserve's monetary policy trajectory this year. A Labor Department report showed the producer price index rose 3.
Headline, core producer prices come in softer than expected in December
Learn about the latest Producer Price Index data for December 2024, showing a % increase from the previous month and meeting consensus expectations.
U.S. Producers’ Selling Prices Rose by 0.2% in December
The December figure marked a deceleration from monthly producer-price increases in November, when prices rose by 0.4%.
U.S. Producer Prices Rise 0.2% In December, Slightly Less Than Expected
Producer prices in the U.S. rose by slightly less than expected in the month of December, according to a report released by the Labor
US producer prices rise moderately in December
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.
4d
on MSN
Stock market today: Indexes tick higher as producer inflation comes in cool
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
3d
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
3d
on MSN
5 things to know before the stock market opens Wednesday
Stock futures rose ahead of December’s consumer price index report. The SEC sued Elon Musk over his 2022 purchase of Twitter.
4d
US Wholesale Inflation Surprisingly Eases on Drop in Food Prices
US wholesale inflation unexpectedly cooled in December, helped by a drop in food costs and flat services prices that may help ...
4d
on MSN
Wholesale inflation heated up less than expected last month
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
2d
Why Rio Tinto Group (RIO) Is One of the Cheapest Stocks with Biggest Upside Potential?
We recently compiled a list of the 12 Cheapest Stocks with Biggest Upside Potential. In this article, we are going to take a ...
Floor
3d
Construction Input Prices Declined 0.2% in December
Washington, DC, January 15, 2025-Construction input prices decreased 0.2% in December compared to the previous month, ...
3d
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 ...
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