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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 ...
Tuesday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — which tracks the price changes companies see — rose 3.3% from the year prior, up from the 3% ...
The labor market added 216,000 jobs in December, about 40,000 more than the month prior and ahead of Wall Street's estimates for the latest report. The unemployment rate held steady at 3.7%, a ...
The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Labor Department's Bureau of Labor Statistics (BLS) said. Economists polled by ...
This index applies to the same target population as the CPI-U, but the weights are updated each month. This allows the weights to evolve more gracefully with people's consumption patterns; for CPI-U, the weights are changed only in January of even-numbered years and are held constant for the next two years. [27]
What to expect at the Fed's next policy meeting: January 28–29, 2025 It's expected the Federal Reserve will hold the Fed rate at 4.25% to 4.50% after its policy meeting on January 28 and January ...
Producer Price Index News Release summary, U.S. Bureau of Labor and Statistics. Accessed August 14, 2024. Accessed August 14, 2024. CME FedWatch Tool , CME Group.