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Inflation rose to 2.4% in Oct. in producer price index
Inflation heated up in October as expected
October's consumer price index was expected to show inflation heating up at a 2.6% rate.
Inflation rose to 2.4% in October in producer price index
The latest producer price index numbers were released on Thursday morning, a day after the consumer price index showed inflation ticking up last month.
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
U.S. Producer Prices Rise 0.2% In October, In Line With Estimates
After yesterday's consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday
US producer prices rise as expected in October
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and hospital outpatient care, further evidence that progress toward lower inflation was stalling.
October Producer Price Growth Accelerates
Producer price growth accelerated in October sequentially as wholesale costs of goods rebounded, the Bureau of Labor Statistics reported Thursday. The US producer price index increased 0.2% last month on a seasonally adjusted basis,
Producer price index and core PPI rise as expected in October
M/M vs. +0.2% consensus and 0.1% in September (revised from 0.0%). +2.4% Y/Y vs. +2.3% consensus and +1.9% prior (revised from +1.8%). Core PPI: +0.3% M/M vs. +0.3% expected and +0.2% in September. +3.
inflation, Wholesale prices
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
The producer
price
index
released Thursday can offer an early look at where
consumer
inflation
might be headed. Economists also watch it because some of its components, notably healthcare and financial services, flow into the Fed’s preferred
inflation
...
Wholesale prices pick up and show inflation still a bit elevated
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may last awhile.
Inflation remains stubborn as wholesale prices accelerate after Fed rate cuts
Wholesale prices in the US rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure. Thursday’s report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers — rose 0.
1d
on MSN
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car ...
1d
Inflation Ticks Up, as the Fed’s Victory Remains Incomplete
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.
23h
3 Side Hustles To Beat Inflation In 2024
The consumer price index (CPI) shows that inflation rose about 2.6 percent over the past year. Here are three side hustles to ...
16h
on MSN
Wholesale Inflation Sees Fastest Increase in Three Months
The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October, its highest ...
Yahoo
1d
US consumer inflation rises in October on higher housing costs
US
consumer
inflation
edged higher last month spurred by an increase in housing costs, according to government data ...
1d
Consumer prices post first yearly increase in inflation since March, CPI shows
Consumer prices rose fast enough in October to keep the rate of inflation above the Federal Reserve’s 2% goal, posing an ...
1d
Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low ...
1d
CPI Report: Inflation Rises by 2.6%, Snapping Its Cooling Streak
Follow live coverage and analysis of the October consumer price index inflation report, which was released Wednesday at 8:30 ...
20h
on MSN
Stock index futures gain ahead of wholesale inflation report
Stock index futures gained on Thursday, with investors set to turn their attention to the wholesale inflation report. S&P ...
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