Energy Costs Lift US Wholesale Prices While Core PPI Stays Flat
TL;DR
US wholesale prices rose 0.2% in November, driven by higher energy costs, while the core PPI (excluding food and energy) was unchanged from October, signaling limited pass-through of higher costs. The data come as consumer inflation cools and investors await the Fed’s next policy move.
Topics:businesseconomics#economics#energy#fed-policy#inflation#producer-price-index#wholesale-prices
- Prices Paid to US Producers Rise on Jump in Energy Costs Bloomberg.com
- Wholesale inflation was softer than expected, retail sales moved higher in November CNBC
- Today's Data is Proving Less Tradeable, But Doing No Harm Mortgage News Daily
- US producer prices increase moderately in November Reuters
- Producer prices rise a mild 0.2% in November, government says in report delayed by federal shutdown The Detroit News
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