Tag

Producer Price Index

All articles tagged with #producer price index

Treasury Yields Steady After Retail Slump and Iran Blockade Talks
business15 days ago

Treasury Yields Steady After Retail Slump and Iran Blockade Talks

The 10-year U.S. Treasury yield held steady near 4.645% after July retail sales fell 0.6% versus a 0.1% rise expected, while the 2-year yield slipped to about 4.117% and the 30-year rose to roughly 5.232%. Earlier gains were sparked by Treasury Secretary Scott Bessent’s comments about possible Iran sanctions and an indefinite port blockade, with the PPI flat for July and CPI data previously in line with expectations. Analysts say inflation remains contained and eases some rate pressure, but real yields stay elevated.

economics15 days ago

US wholesale inflation cools? Not exactly—PPI up 4.7% YoY in July with mixed monthly moves

The U.S. Producer Price Index for final demand rose 4.7% over the past 12 months ended in July, unchanged from June on a seasonally adjusted basis. Monthly changes were mixed: final demand services up 0.2%, construction up 2.2%, while final demand goods fell 0.7%—driven by energy price declines—leaving the year-over-year inflation pace at 4.7%.

Energy price drop cools wholesale inflation, but risk of renewed pressure looms
economy1 month ago

Energy price drop cools wholesale inflation, but risk of renewed pressure looms

Wholesale inflation cooled in June as energy prices fell sharply (gasoline down about 12%), with the Producer Price Index dipping 0.3% for the month and 5.5% year over year; core PPI slowed to 4.6% YoY. However, relief may be temporary as Middle East tensions revive oil prices and inflation pressures, including AI-related chip costs and electronics pricing, persist. Fed official Kevin Warsh cautioned against reading one data point as mission accomplished.

Yields climb ahead of June PPI release
economy1 month ago

Yields climb ahead of June PPI release

Treasury yields rose ahead of the June producer price index data, with the 10-year at 4.612%, the 2-year at 4.225% and the 30-year at 5.118%, as traders await the PPI print; consensus expects June PPI to be flat with a 0.3% core gain after a cooler CPI raised hopes for a potential Fed rate cut later this year.

China's May wholesale prices jump to near four-year high on Iran-war costs and AI boom
business2 months ago

China's May wholesale prices jump to near four-year high on Iran-war costs and AI boom

China's May PPI rose 3.9% year over year—the fastest since July 2022—driven by higher input costs from the Iran conflict and AI-driven demand for tech hardware; consumer prices climbed 1.2% YoY (core 1.1%), with monthly CPI dipping 0.1% as consumer inflation stays modest. Wholesale pressures reflect higher energy and metal costs, while exports surged about 19% YoY, even as domestic demand remains weak and factory margins face squeeze.

Iran war drives stubborn U.S. inflation, PPI shows
economy3 months ago

Iran war drives stubborn U.S. inflation, PPI shows

U.S. inflation remains stubborn, with the April Producer Price Index for final demand up 1.4% and 6% higher over the past year (core up 4.4%), as energy and transportation costs feed broader price pressures beyond tariffs tied to the Iran war. The data complicate hopes for Fed rate cuts this year, with some officials signaling possible tightening; markets price a meaningful chance of higher rates by year-end (about 34%).

Gas Price Spike Signals Ongoing Inflation Pain for Consumers
economy3 months ago

Gas Price Spike Signals Ongoing Inflation Pain for Consumers

Gas prices jumped 15.6% in April, accounting for about 40% of the month’s rise in prices businesses paid, as the Producer Price Index rose 1.4% for the month and 6% year over year. Core PPI also climbed 1% for the month (5.2% annually), suggesting some higher costs may be passed through to consumers. The article notes Iran-era tensions are weighing on US businesses, likely keeping inflation pressure elevated and potentially pushing prices higher for shoppers.

Energy-driven PPI rise in March undershoots expectations, fueling Fed hold bets
economy4 months ago

Energy-driven PPI rise in March undershoots expectations, fueling Fed hold bets

March PPI rose 0.5%—below the 1.1% consensus—driven mainly by energy costs (gasoline +15.7%, diesel +42%), while core PPI advanced only 0.1%. The all-items PPI climbed 4% year over year (core 3.8%), with services flat. The inflation signal remains mixed as energy pressures ease and guidance toward the Fed’s 2% target supports expectations for rates to stay on hold; markets showed little reaction to the data.

Lunar New Year lifts China's inflation to a 3-year high as factory deflation persists
business5 months ago

Lunar New Year lifts China's inflation to a 3-year high as factory deflation persists

China's February consumer prices rose 1.3% year-on-year—the highest in 37 months—driven by Lunar New Year holiday demand for services, travel, and items like flights and jewelry, while producer prices fell 0.9% y/y, the mildest since mid-2024, signaling ongoing weak demand. Analysts caution that an energy shock from Middle East tensions could push inflation higher briefly, but a supply-demand rebound and policy easing may temper the impulse as authorities seek to rebalance the economy.

China’s February CPI rebounds as factory-gate deflation eases
business5 months ago

China’s February CPI rebounds as factory-gate deflation eases

China’s February CPI rose 1.3% year over year (1.0% month over month) and core CPI hit 1.8%, while the PPI remained deflationary at -0.9% year over year as service-price gains during the Lunar New Year supported the uptick. The authorities kept the 2026 inflation target around 2% and continued incremental stimulus to bolster domestic demand, with growth likely aided by exports amid geopolitical tensions that lifted commodity prices.

Yields retreat as traders await fresh inflation data
markets6 months ago

Yields retreat as traders await fresh inflation data

U.S. Treasuries eased as investors braced for a wholesale inflation read (PPI) while parsing a still-robust labor market: 10-year yields around 4.023%, 30-year about 4.675%, and 2-year near 3.452%. Initial unemployment claims for the week ended Feb. 21 came in at 212,000, below expectations of 215,000, signaling resilience despite a solid January payrolls print. Traders expect Friday’s PPI to rise about 0.3% for both headline and core measures, a cooler report that could boost risk appetite for stocks.