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Inflation rose to 2.4% in Oct. in producer price index
Inflation rose to 2.4% in October in producer price index
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed inflation ticking up last month.
Inflation accelerated in October, offering first look at prices since election
Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the cooldown achieved in recent months, U.S. Bureau of Labor Statistics data on Wednesday showed. The fresh report matched economists' expectations.
U.S. Producer Prices Rise 0.2% In October, In Line With Estimates
After yesterday's consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday
Inflation rose to 2.6% in October in first increase in six months
The October inflation numbers were just released as part of the consumer price index — they are first inflation numbers since the election.
US producer prices rise as expected in October
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and hospital outpatient care, further evidence that progress toward lower inflation was stalling.
October Producer Price Growth Accelerates
Producer price growth accelerated in October sequentially as wholesale costs of goods rebounded, the Bureau of Labor Statistics reported Thursday. The US producer price index increased 0.2% last month on a seasonally adjusted basis,
Producer price index and core PPI rise as expected in October
M/M vs. +0.2% consensus and 0.1% in September (revised from 0.0%). +2.4% Y/Y vs. +2.3% consensus and +1.9% prior (revised from +1.8%). Core PPI: +0.3% M/M vs. +0.3% expected and +0.2% in September. +3.
Phoenix New Times
10h
Here’s how inflation in Phoenix compares to the rest of the U.S.
Phoenix used to be one of America’s inflation hotspots, with skyrocketing prices. Now, the pendulum has swung the other way.
Opinion
Grand Forks Herald
2d
Opinion
Commentary: Inflation may be cooling, but the damage has been done
We just heard that inflation was cooling. Yes, but when the Federal Reserve tells us inflation is cooling or easing, all it ...
1d
on MSN
Wholesale Inflation Sees Fastest Increase in Three Months
The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October, its highest ...
2d
on MSN
Inflation is cooling, but these 5 things are still getting more expensive
While certain spending categories are down – fuel oil for example is 20% cheaper than it was last fall – inflation is still ...
The Harvard Crimson
23h
Former Harvard President, Treasury Secretary Summers Warns of Inflation Under Trump
Former U.S. Secretary of the Treasury Lawrence H. Summers said U.S. President-elect Donald Trump’s proposed economic policies ...
2d
on MSN
Are inflation-adjusted wages lower now than 50 years ago? That data is cherry-picked
Two measures that economists most commonly use for inflation-adjusted wages show that wages are higher now than five decades ...
1d
on MSN
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...
1d
Seattle-area inflation slows. Here’s what’s still driving up prices
New data published by the U.S. Bureau of Labor Statistics shows inflation is growing at a lower rate in the Seattle area, ...
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