The producer price index (PPI) rose by 0.4% in January, following an upwardly revised 0.5% increase in December, making it the hottest two-month stretch of inflation since February last year. The main drivers were food and energy prices, which rose by 1.1% and 1.7%, respectively. Excluding those ... READ MORE >
U.S. producer prices
Producer prices grow slower than expected, adding evidence to support rate cut
A drop in July’s producer inflation suggests another month of favorable inflation data that should help seal the deal for a rate cut in September and more afterwards. The final demand inflation rose 0.1% in July and 2.2% from a year ago. Even better, the core component of the producer inflation number ... READ MORE >
Producer prices rise 0.2%, but signs still point to lower inflation in Fed’s key gauge
Despite the producer price index coming in stronger than expected on Friday, the Federal Reserve's most important measure of inflation, the personal consumption expenditures index, should remain near zero in June when it is released on July 26. Read more of RSM's insights on inflation, the economy and ... READ MORE >
Producer inflation rose more than forecast in September
September's producer inflation topped forecasts as energy prices continued to rise. The data continued to suggest that strong economic activity carried over from the summer, in line with our forecast of a 3.1% growth in gross domestic product for the third quarter. Looking ahead, though, as economic ... READ MORE >