U.S. Wholesale Inflation Steady at 0.2% in August, Core Prices Edge Higher The U.S. Producer Price Index (PPI) increased by 0.2% in August compared to July, meeting economists’ expectations. This follows the release of consumer inflation data the previous day. On an annual basis, producer prices rose by 1.7%. The core PPI, which excludes food and energy prices, showed a slightly higher increase of 0.3% month-over-month, surpassing the anticipated 0.2% rise. This data provides insight into inflationary pressures at the wholesale level, which can eventually impact consumer prices. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold's Unpredictable Dance with Interest Rates: Morgan Stanley Reveals a Weakening Bond READ MORE Fed Chair Powell Stresses Patience on Rate Cuts Amid Inflation Battle READ MORE Fed's Schmid Advocates Caution as Inflation Nears Target READ MORE ADP Data Shows Slower Private Payrolls Growth in May READ MORE Sound Money Legislation Rapidly Gaining Traction in Many US States READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment