This is a lie.
This is a lie.
This is a lie.
This is a lie.
All you do is lie.
Sorry but your news is from 2 days ago. Just like the jobs numbers get fixed when more information comes out. Here is an update. And we told you this was going to happen. It should have been obvious to you. How can Trump raise the price of EVERYTHING at least 10% and you didn't think prices were going to go up? How stupid are you? You so easily believe Biden caused inflation but you don't think this is causing inflation? Are you stupid?
Wholesale prices rose 0.9% in July, much more than expected
Published Thu, Aug 14 20258:31 AM EDT Updated 3 Min Ago
The producer price index jumped 0.9% in July, compared with the Dow Jones estimate for a 0.2% gain. It was the biggest monthly increase since June 2022.
Excluding food and energy prices, the core PPI rose 0.9% against the forecast for 0.3%. Excluding food, energy and trade services, the index was up 0.6%, the biggest gain since March 2022.
Wholesale prices rose far more than expected in July, providing a potential sign that inflation is still a threat to the U.S. economy, a Bureau of Labor Statistics report Thursday showed.
The
producer price index, which measures final demand goods and services prices, jumped 0.9% on the month, compared with the Dow Jones estimate for a 0.2% gain. It was the biggest monthly increase since June 2022.
Excluding food and energy prices, core PPI rose 0.9% against the forecast for 0.3%. Excluding food, energy and trade services, the index was up 0.6%, the biggest gain since March 2022.
On an annual basis, headline PPI increased 3.3%, the biggest 12-month move since February and well above the Federal Reserve’s 2% inflation target.
Services inflation provided much of the push higher, rising 1.1% in July for the largest gain also since March 2022. Trade services margins climbed 2%, coming amid ongoing developments in President
Donald Trump’s tariff implementations.
In addition, 30% of the increase in services came from a 3.8% rise in machinery and equipment wholesaling. Also, portfolio management fees surged 5.4% and airline passenger services prices climbed 1%.