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 Retirement Dreams Fade for Young Americans Amid Economic Challenges READ MORE Gold Prices Steady as Investors Await Key U.S. Employment Data READ MORE Morgan Stanley Economist Foresees Inevitable Recession Due to Fed's Rate Hikes READ MORE The REAL Reason Costco & Walmart Are Selling GOLD & SILVER READ MORE Markets on Edge: Continuing Coverage of Regional Banking Crisis READ MORE Add a Comment Cancel replyYour email address will not be published.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