U.S. producer prices rose 0.4% in October, building on the equal-sized gains recorded in August and September. Expectations going into today’s report had been for a much stronger 0.8% increase. The annual increase in overall producer prices rose to 4.3% in October from 4.0% in September. Excluding the food and Read More US Producer Prices [...]
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British manufacturers’ raw material costs rose almost twice as fast as expected in September. Read More UK producer price inflation higher than expected
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Producer Price index in UK failed to meet market estimates and rose at the slowest pace in half a year, signaling that inflation pressures might be easing in the country, despite the fact that inflation continue to hover above the government’s upper limit of 3.0 percent. Read More UK Producer Prices Fails To Meet Estimates [...]
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U.S. producer prices fell a larger than expected 0.5% in June, marking the third consecutive monthly drop, following unrevised declines of 0.3% in May and 0.1% in April. Expectations going into today’s report had been for a decline of 0.1%. The reported decline eased the year-over-year rate of increase in Read More US Producer Prices [...]
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