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The three-month annualized rate of core inflation moved from 3.1% last month to 3.6% after the October CPI release. This underscores the recent lack of progress toward the Fed's 2% goal.
US stocks edged higher on Friday after Producer Price Index data for September came in lower than expected, signaling a continued cooling of wholesale inflation. The producer price index was flat ...
Thursday’s PPI trajectory mirrored that seen in the latest Consumer Price Index data released Wednesday. CPI jumped to 2.6% for the 12 months ended in October, the first increase in the annual ...
The FD-ID system replaced the PPI "stage-of-processing" (SOP) system as PPI's primary aggregation model with the release of data for January 2014. The scope of the SOP system was narrower than the PPI index. [4] Over 600 FD-ID PPIs are available measuring price change for goods, services, and construction sold to final demand and intermediate ...
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 ...
The Producer Price Index, which measures the change in prices that manufacturers pay to suppliers, was 2.2% for the 12 months ended in April, according to Bureau of Labor Statistics data released ...
Rates for a 15-year mortgage stand at an average 5.99% for purchase and 6.00% for refinance, down 1 basis point from 6.00% for purchase and down 7 basis points from 6.07% for refinance this time ...
In June, the PPI excluding energy, food and trade was flat for the month and on an annual basis slowed to 3.1% from 3.3% in May, BLS data show. Inflation still ‘dying on the vine’