News

China’s consumer prices were unchanged last month from a year ago and producer deflation persisted, suggesting that demand remains weak in the world’s second-largest economy amid trade turbulence.
We learned Tuesday that consumer prices are relatively stable across many goods and services, despite higher tariffs. On Thursday, we learned producer prices are spiking.
The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers— rose 0.9% last month from June, the biggest jump in more than three years.
Prices rose faster for producers than consumers, suggesting that US importers may, for now, be eating the cost of Trump's tariffs rather than passing them on to customers. That may not last.
Prices rose faster for producers than consumers last month, suggesting that U.S. importers may, for now, be eating the cost of Trump's tariffs rather than passing them on to customers.
NEW YORK (Reuters) -U.S. producer prices increased more than expected in July amid a surge in the costs of services and goods, suggesting a broader pickup in inflation in the months ahead.
The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers— rose 0.9% last month from June, biggest jump in more than three years ...
The program, funded by a $20,000 grant from the Consumers Energy Foundation, will distribute at least four grants of up to $5,000 each to eligible nonprofit organizations.
Prices rose faster for producers than consumers last month, suggesting that U.S. importers may, for now, be eating the cost of Trump's tariffs rather than passing them on to customers.