US wholesale inflation unexpectedly cooled in December, helped by a drop in food costs and flat services prices that may help temper concerns of lingering price pressures. The producer price index ...
Jan. 14 (UPI) --U.S. wholesale prices rose at a slower pace than expected in December, the Labor Department reported on Tuesday. The December PPI Index rose a seasonally adjusted 0.2% while the ...
Wholesale prices rose less than expected in December, a positive sign for the economy amid recent market fears that inflation isn't falling as quickly as hoped to the Federal Reserve's 2% target.
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There appears to be some welcome news on the US inflation front. Price hikes on the wholesale level were much tamer than anticipated in December, according to the latest Producer Price Index ...
U.S. markets leapt higher immediately on the new inflation data. Excluding food and energy prices, so-called core wholesale inflation was unchanged from November but up 3.5% from a year earlier.
TOKYO, Jan 16 (Reuters) - Japan's annual wholesale inflation held steady at 3.8% in December on stubbornly high food costs, data showed on Thursday, highlighting persistent price pressures that ...
US drivers could get some relief at the pump in the next two years as oil supply surpasses global demand, according to the US Energy Information Administration. The agency said US gasoline prices ...