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Tag: producer

Producer price index July 2022: Wholesale inflation fell 0.5%

Wholesale prices fell in July for the first time in two years as a plunge in energy prices slowed the pace of inflation, the Bureau of Labor Statistics reported Thursday.The producer price index, which gauges the prices received for final demand products, fell...

Producer price index August 2022:

The prices that producers receive for goods and services declined in August, a mild respite from inflation pressures that are threatening to send the U.S. economy into recession.The producer price index, a gauge of prices received at the wholesale level, fell 0.1%, according...