Coverage dated December 11, 2023 to December 12, 2023
Wholesale Inflation Holds Steady, Coming in Lower Than Expectations
Headline from Investopedia, on the newest of 2 developments
The Producer Price Index for November registered wholesale prices as unchanged, while economists were expecting a slight uptick, as core prices rose slightly.
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Developments in this update
2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Inflation slowed to a 3.1% annual rate in November
Headline from NBC 5 Dallas-Fort Worth ·
Newest
Wholesale Inflation Holds Steady, Coming in Lower Than Expectations
Wholesale inflation, as measured by the producer price index, declined to 0.9% for the year ending in November as the Federal Reserve keeps interest rates high.
The Labor Department said Wednesday the producer price index was unchanged in November, a sign that price pressures in the economy are beginning to abate.
The Producer Price Index for November registered wholesale prices as unchanged, while economists were expecting a slight uptick, as core prices rose slightly.
Wholesale inflation in the United States was unchanged in November, suggesting that price increases in the economy’s pipeline are continuing to gradually ease. The Labor Department reported W…
U.S. inflation continues to cool as the Bureau of Labor Statistics reported Wednesday that seasonally adjusted wholesale prices were unchanged in November.
