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 SAXO Bank: Can Gold Overcome the ‘September Curse’? READ MORE How the Yen-Dollar Dance is Shaking Up Wall Street READ MORE Gold Shines: Analysts Project $2,700 Target by Year-End READ MORE Nobel Economists Unite: Trump's Policies Could Trigger Inflation Surge READ MORE Iran’s Strike Against Israel: Gold Nears Record High READ MORE Add a Comment Cancel replyYour email address will not be published.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