Latest Producer prices News

US producer prices jump an unprecedented 8.3% in August

Sep. 10, 2021 09:10 AM EDT

WASHINGTON (AP) — Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010. The Labor Department reported Friday that its producer price index — which...

Consumer credit, Dave & Buster’s earns, producer price index

Sep. 06, 2021 01:12 AM EDT

A look at some of the key business events and economic indicators upcoming this week: JUST CHARGE IT The Federal Reserve issues its latest monthly tally of U.S. consumer borrowing Wednesday. Americans, bolstered by a reopening...

Back-to-back price hikes, wholesale costs up 1% in July

Aug. 12, 2021 10:26 AM EDT

WASHINGTON (AP) — Inflation at the wholesale level jumped a higher-than-expected 1% in July, matching the rise from the previous month, and dimming hopes that the upward trajectory of prices would begin to slow. Prices at the wholesale level over the past 12 months are...

Wholesale inflation over past year jumps by record amount

Jul. 14, 2021 09:28 AM EDT

WASHINGTON (AP) — Inflation at the wholesale level jumped 1% in June, pushing price gains over the past 12 months up by a record 7.3%. The Labor Department reported Wednesday that the June increase in its producer price index, which measures inflation pressures before...