Producer prices increased by the most in three years in July, suggesting a broad pickup in inflation was imminent. "This is a ...

The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.

Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...

The Producer Price Index edged up 0.1% M/M in July, less than the +0.2% expected and cooling from the 0.2% increase in June. That helps support the case for an interest rate cut in Sept.

The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.

Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...