Wholesale prices grew at a monthly rate of 0.2% in August, while the annual rate of 1.7% was better than the prior month.
An increase in guest room rentals helped push service prices higher in August, but economists said overall inflation trends pointed lower. Prices paid at the wholesale level increased slow enough ...
In all, the wholesale inflation data were mixed ... wrote EY Chief Economist Gregory Daco in an X post, pointing to the jump in guestroom rentals.
Early Thursday, the August Producer Price Index provided another indication that inflation pressures are cooling. Wholesale prices rose at a rate of 0.2% month over month, slightly above what ...
Producer inflation was relatively tame in August, keeping alive expectations that the Federal Reserve will cut interest rates ...
A surge in tech firms Thursday helped Asian markets track a Wall Street rally after data showed US inflation at a more than ...
Europe's main stock markets rallied Thursday following some strong gains in Asia and on Wall Street thanks to big uplifts for ...
U.S. Marketscategory Wall Street rises as investors await inflation data, Fed rate cuts 8:00 PM UTC · Updated ago U.S.