PPI Inflation Rages in the Revisions? Businesses Hit by 6.5% Inflation, Worst since 2022
Producer price inflation hits 6.5%, its worst level since 2022, according to revised data covered by Wolf Street.
11 trends tracked about this subject — the full history, oldest to newest below.
Producer price inflation hits 6.5%, its worst level since 2022, according to revised data covered by Wolf Street.
Wholesale prices rose 0.3% in October, bringing the annual inflation rate to 6.5%, according to CNBC and Quartz.
Dow futures surge 300 points as cooler-than-expected PPI data lifts sentiment while Nvidia stages a rebound after recent pressure.
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Wall Street dips as rising oil prices, climbing Treasury yields, and fresh inflation concerns impact financial markets.
U.S. equities and futures are trending lower as investors react to the release of the latest Producer Price Index data.
Wholesale prices rose 0.4% in August as energy costs climbed, pushing annual U.S. wholesale inflation to 5.4%.
China's consumer and producer prices rebounded in August, driven by energy volatility and rising costs for technology and energy.
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China's July inflation is cooling as the oil shock resulting from the Iran war begins to ease, impacting both consumer and producer prices.
1 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.