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The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers — was up 0.9% last month from June and 3.3% from a year earlier.
The stronger-than-expected producer inflation report from the Labor Department on Thursday followed data this week showing consumers paid higher prices for services like dental care and airline ...
The producer and consumer inflation numbers are both issued by the Labor Department’s Bureau of Labor Statistics, which is already in Trump crosshairs.
Prices rose faster for producers than consumers last month, suggesting that U.S. importers may, for now, be eating the cost of Trump's tariffs rather than passing them on to customers.
U.S. wholesale inflation surged unexpectedly last month as President Trump’s sweeping taxes on imports are pushing costs higher.
U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that higher prices for consumers may be on the way.
Producer prices rose significantly more than expected in July, throwing markets into turmoil and calling into question what seemed like an almost certain Federal Reserve interest rate cut in ...
The Labor Department reported Thursday that its producer price index - which measures inflation before it hits consumers- rose 0.9% last month from […] The post US Producer Prices Surge in July ...
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