Where prices did climb — warehousing and transportation — points to an inventory build. Upcoming CPI will make the inflation picture clearer.
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before.
A column chart titled "Monthly change in US Producer Price Index" that tracks the metric over the past year. Input prices rose 0.2% in December. Stocks on Wall Street were trading mostly lower.
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...
Egg prices have steadily been on the rise for the last couple of years, due to factors like the bird flu currently impacting ...
The producer price index for final demand rose 0.2% last ... chief U.S. economist at Santander US Capital Markets. Lack of progress lowering inflation back to the U.S. central bank's 2% target ...
US Producer Prices Rose 0.2% Last Month on Higher Energy Costs WASHINGTON (AP) — U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its ...