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PPI Inflation Rose
PPI Inflation Rose in October
Getting inflation back down to 2% is proving to be a grind. Prices paid to producers for their output climbed by 0.2% last month and 2.4% in the 12 months through October, an uptick from the rate in September,
Inflation Proves a Little Stickier in October
The increase in inflation was expected but is unlikely to deter the Federal Reserve from cutting rates in December.
Inflation rose to 2.4% in October in producer price index
Inflation, as measured by the producer price index, rose six tenths of a percentage point to 2.4% for the year ending in October, the Bureau of Labor Statistics reported Thursday, a troubling sign that inflation pressures remain strong.
12h
on MSN
October wholesale PPI inflation up 0.2% for annual rate of 2.4%, meeting expectations
Wholesale Producer Price Index inflation rose 0.2% in October and is up 2.4% annually, according to a Thursday report from ...
1d
on MSN
Dollar pulls back from six-month peak after US inflation data
The U.S. dollar pulled back from a 6-1/2-month high against major currencies on Wednesday after data showed U.S. inflation ...
13h
Why the Next Read From the Fed's Favored Inflation Gauge Could Be Stubbornly High
The Federal Reserve might not see much more inflation relief before it decides next month whether to keep cutting interest ...
1d
US Inflation Keeps Steady as Fed Looks to Avoid Reversal
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
14h
US Wholesale Inflation Picks up Slightly in Sign That Some Price Pressures Remain Elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...
1d
on MSN
Inflation hit a bump in October after slowing for six straight months
The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the ...
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.
Inquirer on MSN
1d
US consumer inflation picks up to 2.6% in October
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published ...
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