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Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
Consumer prices were up 2.7% in July from a year earlier, unchanged from June’s gain ...
July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
The chancellor will have a particular eye on food inflation because people are especially sensitive to grocery price rises.
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Where inflation jumped in July – and where it eased
A steep jump in the cost of air travel, along with increases in the price of many everyday items from tea and coffee to ...
Canada's annual inflation rate eased to 1.7% in July from 1.9% in the prior month as lower year-on-year gasoline prices kept ...
UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of ...
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
South Africa's headline consumer inflation rose to 3.5% year-on-year in July from 3.0% in June, in line with economists' ...
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