A key inflation gauge, recorded by domestic producers, reached a new high in March as the ripple effect on energy and food prices from the war in Ukraine began to make its way to the production line. The producer price index for final goods and services rose 11.2% from a year ago, posting double-digit ... READ MORE >
producer price index
Chart of the day: Producer prices fall, but not for long
Producer prices for final goods decelerated sharply in February as price gains for services and construction slowed down. Producer prices increased by 0.8% on the month, down from a 1.2% increase in January while registering a 10% rise in back-to-back months compared to a year ago, the Bureau of Labor ... READ MORE >
How construction firms can manage a fractured supply chain
Two years into the pandemic, the construction industry is still grappling with the fallout of the economic shock as builders scramble to secure raw materials and the workers to keep their projects on track. The whipsaw change over the past two years has fragmented the construction supply chain, ... READ MORE >
Chart of the day: Producer prices rise as cost pressures mount
The producer price index inched up 0.6% in October with about a third of the increase coming from higher gasoline prices. This followed a 0.5% increase in September and a 0.7% increase in August, according to a report by the Bureau of Labor Statistics on Tuesday. Still, October’s increase remained ... READ MORE >
Chart of the day: Producer Price Index slowed for second month
A day after the Labor Department reported that inflation for consumers had remained stubbornly high in September, the department reported that prices paid by sellers decelerated for the second month in a row. The headline Producer Price Index (PPI) eased to a 0.5% gain on a month-over-month basis, from ... READ MORE >
Chart of the day: Producer Price Index decelerated in August
The headline Producer Price Index increased by 0.7% in August, a slower pace than the 1.0% monthly gains in June and July, while the core index excluding food and energy rose by 0.6%, according to government data released Friday. The lower numbers indicate that inflation, at least from the sellers' ... READ MORE >
CHART OF THE DAY: Rising food costs catch up with grocers
During the pandemic, despite all of the challenges it presented, grocers gained some relief from the margin pressures that had been steadily building. Not only did demand from consumers increase as they ate at home more, but grocers were also able to pass along higher costs created by production and ... READ MORE >