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US producer price index 2005-2022. The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978. It is published by the Bureau of Labor ...
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 government introduced prices for new-model-year passenger cars and light motor trucks with the October PPI report. Passenger car prices rose 0.3% while light motor vehicle prices were unchanged.
The unemployment rate held steady at 3.7%, a historically low level. Average hourly earnings, a closely watched indicator for inflation and a gauge of how much leverage workers have in the labor ...
Rates for a 15-year mortgage stand at an average 6.20% for purchase and 6.23% for refinance, up 4 basis points from 6.16% for purchase and 6 basis points from 6.17% for refinance this time last week.
The PPI report comes after other key inflation data came in lower than expected last Thursday, with consumer prices rising 0.4% in October and core prices adding 0.3%.
“Today’s PPI is a bad omen for tomorrow’s CPI number – despite the relationship between the two being somewhat complicated – and if the market is spooked by today’s higher-than ...
For investors, the PPI report is great news. After surging nearly 2% on Tuesday due to the cool CPI report, the S&P 500 continued to rise Wednesday, jumping 0.31% by midday.