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A producer price index (PPI) is a price index that measures the average changes in prices received by domestic producers for their output. Formerly known as the wholesale price index between 1902 and 1978, the index is made up of over 16,000 establishments providing approximately 64,000 price quotations that the U.S. Bureau of Labor Statistics (BLS) compiles each month to represent thousands ...
Wholesale prices rose less than expected in December, a positive sign for the economy amid recent market fears that inflation isn't falling as quickly as hoped to the Federal Reserve's 2% target ...
“PPI can have a particularly big impact on core services excluding housing, aka supercore. In that respect, April’s news was mixed but, on balance, encouraging,” he wrote.
The origins of the index were in an 1891 U.S. Senate resolution authorizing the Senate Committee on Finance to investigate the effects of the tariff laws "upon the imports and exports, the growth, development, production, and prices of agricultural and manufactured articles at home and abroad". [3] The PPI for Final Demand is the headline index ...
News Tonight (formerly News 5 Tonight, News 5 and before 1994 as just News) is a Singapore English long-running main flagship daily main evening nightly television news bulletin programme on Mediacorp Channel 5 since its inception which runs daily from 9:00pm to 9:30pm Singapore Time on daily/public holidays, providing a round-up of all the day ...
Consumer prices rose at the slowest pace since April 2021 as inflation showed further signs of cooling in May, according to the latest data from the Bureau of Labor Statistics released Tuesday ...
CNBC Asia is a Singapore-based business news channel owned by the NBCUniversal Media Group, a subsidiary of Comcast. It is a pan-Asian branch of the U.S.-based CNBC. The channel initially launched on 20 June 1997 out of Hong Kong. In 1998, the channel merged with Dow Jones' Asia Business News and re-located to its facilities in Singapore.
Consumer prices in April showed inflation pressures remain elevated in the US economy while headline prices rose at the slowest annual rate since the period ending April 2021.