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Producer Prices Unexpectedly Soar 1.6% In August, Deepening Inflation Worries, Rate Hike Speculation
Thursday, September 14, 2023 - 8:36am | 363The U.S. economy is witnessing a revival of inflationary concerns as producer inflation takes a leap, signaling that the era of widespread price declines may be a thing of the past. According to the latest report from the U.S. Bureau of Labor Statistics (BLS), the Producer Price Index (PPI)...
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The SPY Takes A Bath On PPI Print, What's Wall Street Saying?
Friday, August 11, 2023 - 10:29am | 455The broad market SPDR S&P 500 ETF Trust (NYSE:SPY) pushed lower on Friday following the Bureau of Labor Statistics release of the latest Producer Price Index data. Here’s what you need to know about the numbers and what leading economists are saying about the market-moving data. PPI, By...
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Producer Price Index Surges 0.8% in July, Exceeds Expectations, Reigniting Inflation Concerns
Friday, August 11, 2023 - 8:33am | 704The U.S. economy faces renewed concerns about inflation as the Producer Price Index (PPI) for final demand has shown an unexpected surge in July, outpacing market expectations. Producer Inflation Rebounds The PPI recorded a 0.8% annual rise, bouncing back from a revised higher 0.2% in June and...
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Market Reacts To PPI Inflation Drop: 7 Stocks in the Spotlight Thursday
Thursday, July 13, 2023 - 11:47am | 608U.S. producers saw another lower-than-expected inflation report on Thursday, indicating that pandemic price pressures virtually evaporated in June. The producer price index (PPI) inflation was 0.1% year-on-year in June, down sharply from 0.9% in May and 0.4% lower than expected, setting a new low...
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Producer Inflation Falls To 35-Month Low, Jobless Claims Rise Less Than Expected, Bolstering Hopes For Single Fed Hike
Thursday, July 13, 2023 - 8:49am | 569Following a lower-than-expected consumer price index inflation report on Wednesday, American producers saw a further reduction in pricing pressures in June. What happened: The Producer Price Index (PPI) for final demand recorded a 0.1% month-on-month rise in June, the Bureau of Labor Statistics...
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Deflation Pushes Producer Prices To 28-Month Lows Ahead Of Fed's Interest Rate Decision
Wednesday, June 14, 2023 - 8:46am | 519U.S. producers now face the reality of deflation, as the Producer Price Index (PPI) for final demand slumped 0.3% month-on-month in May, down from the previous 0.2% monthly increase and below the expected 0.1% fall, the U.S. Bureau of Labor Statistics reported Wednesday. The PPI print follows the...
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PPI Inflation Data Shows Economic Undercurrents: 5 Economists On What's Next
Thursday, May 11, 2023 - 11:14am | 403The U.S. Bureau of Labor Statistics reported a rebound in the Producer Price Index (PPI) for final demand in April, with a month-over-month rise of 0.2%. The increase comes after a revised drop of 0.4% in March and falls short of the expected 0.3% increase. The modest rise is largely attributable...
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US Producer Prices Rise Less Than Expected In April, Cementing Hopes Of Fed Hold In June
Thursday, May 11, 2023 - 8:50am | 461The Producer Price Index (PPI) for final demand rose 0.2% month-over-month in April, rebounding after the revised 0.4% drop in March but coming in below the expected 0.3% increase, the U.S. Bureau of Labor Statistics reported Thursday. The release came after the April's consumer price index (...
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'Unlikely To Change Fed's Calculus': 3 Analysts On Implications Of Lower-Than-Expected PPI In March
Thursday, April 13, 2023 - 1:39pm | 592The producer price index (PPI) fell 0.5% in March, lower than expected, according to data issued bythe U.S. Labor Department. What Happened: On a year-over-year basis, the PPI number came in at 2.7%, lower than the estimated 3%. With the Consumer Price Index (CPI), and PPI for April due to be...
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Producer Prices For March Come In Well Below Economist Estimates: Market Still Anticipates Another 0.25% Rate Hike
Thursday, April 13, 2023 - 8:45am | 493The SPDR S&P 500 (ARCA:SPY) is rising Thursday morning after new data showed that U.S. producer prices fell more than economists expected last month, another sign the Federal Reserve's aggressive response to high inflation is starting to take effect. What...
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Producer Price Index Preview: What To Watch For Thursday Morning, Plus What It Means For The Fed
Wednesday, April 12, 2023 - 2:26pm | 530The SPDR S&P 500 (ARCA:SPY) is trading higher Wednesday after CPI data came in below average economist estimates, a potential sign that inflation may be coming down fast enough for the Federal Reserve to pause in its fight against inflation. PPI should help to paint a clearer picture. What To...
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Producer Price Index Unexpectedly Falls In February, Swinging Market Expectations Toward Federal Reserve Pause
Wednesday, March 15, 2023 - 10:04am | 505U.S. producer prices fell more than economists had expected last month in a sign the Federal Reserve's aggressive response to high inflation is starting to take hold. What To Know: The producer price index (PPI) fell 0.1% in February, according to new data...
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Uh-Oh: Why These 2 Key Inflation Indicators Are Cause For Worry
Thursday, February 16, 2023 - 12:26pm | 719A pair of economic indicators are injecting worry into market bulls Thursday morning. Here's a look at what the data means for the Federal Reserve, and ultimately the markets. What Happened: The producer price index (PPI) increased 6% in January, down from 6.5% in...
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What 7.4% PPI Inflation Means For Investors: 'It Is Likely The Fed Will Move Ahead With Their Plans'
Friday, December 9, 2022 - 11:07am | 533The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the U.S. Labor Department reported a 7.4% increase in the producer price index in the month of November, outpacing economist expectations. The PPI climbed 0.3% compared to October, exceeding the 0.2% monthly increase economists...
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Are We In A Recession? The Question That Baffles Most Economists — Here Is What the Numbers Say: Benzinga TV
Wednesday, October 12, 2022 - 6:25pm | 270On today's (Oct. 12) episode of the "Stock Market Movers," host Mitch Hoch spoke to Jay Hatfield, founder, portfolio manager and CEO at Infrastructure Capital Advisors, about today's Producer Price Index (PPI) data and what that means for recession, the Federal Reserve...