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Wholesale Prices

All articles tagged with #wholesale prices

Tariffs Lift Wholesale Prices in January, Foreshadowing Higher Consumer Costs
economy3 hours ago

Tariffs Lift Wholesale Prices in January, Foreshadowing Higher Consumer Costs

U.S. wholesale prices rose 0.5% in January, nudging the annual Producer Price Index down to 2.9% but signaling tariff-driven costs could spill into consumer prices. The core PPI jumped 0.8% (3.6% year over year), led by a surge in trade services and price pressures in goods like apparel, chemicals, and electronics. Economists warn that tariff pass-throughs to retailers and consumers could keep inflation elevated, while markets fell on the inflation data amid expectations the Fed could pause rate cuts.

Wholesale inflation stays hot as PPI beats expectations in January
economy3 hours ago

Wholesale inflation stays hot as PPI beats expectations in January

U.S. producer prices rose 0.5% in January, hotter than the 0.3% consensus and December’s revised gain, with the year-over-year PPI at 2.9% and core PPI up 0.8% MoM (3.6% YoY). The report shows persistent wholesale inflation, as final-demand services jumped 0.8% (led by trade services) while final-demand goods fell 0.3% (energy and food declines, with gasoline driving much of the drop). This could feed into consumer prices in coming months, even as CPI appeared cooler in January.

Wholesale inflation sticks around as Warsh emerges as Fed chair prospect
economy-and-politics28 days ago

Wholesale inflation sticks around as Warsh emerges as Fed chair prospect

Wholesale prices jumped 0.5% in December, keeping the year-over-year wholesale inflation at 3% and signaling inflation will likely stay above the Fed’s 2% target into early 2026; core prices rose 0.4% for the month, leaving the 12-month core at 3.5%. With President Trump naming Kevin Warsh as his Fed chair pick, the central bank faces the challenge of cooling inflation while keeping policy rates steady.

Wholesale prices cling to gains in November, signaling persistent inflation
business1 month ago

Wholesale prices cling to gains in November, signaling persistent inflation

US wholesale inflation rose 0.2% in November, lifting the year-over-year Producer Price Index to about 3%. Energy costs helped push prices higher, while core PPI was flat for the month, keeping the 12‑month core rate near 3%. The report also showed margins in trade services slipping, suggesting higher costs are being absorbed rather than fully passed to consumers. Tariffs on imports are cited as a cost driver amid a softer labor market and slower wage growth, with some firms cutting prices to support affordability.

Experts Link Tariffs to 40% Surge in Wholesale Vegetable Prices
economy6 months ago

Experts Link Tariffs to 40% Surge in Wholesale Vegetable Prices

Wholesale vegetable prices in the U.S. surged by 38% in July, sparking debate over whether tariffs, weather, supply chain issues, or labor shortages are responsible. While some experts suggest tariffs may contribute, others point to weather and supply disruptions. Despite the wholesale increase, consumer vegetable prices remained stable in July, but a sustained rise could lead to higher grocery bills in the future, with potential increases exceeding 10%.

November Sees Surging Wholesale Inflation Amid Rising Food Costs
economy1 year ago

November Sees Surging Wholesale Inflation Amid Rising Food Costs

Wholesale inflation in the US rose more than expected in November, driven by a 3.1% increase in food prices, according to the Labor Department's producer price index. This uptick comes despite a general decline in inflation from its peak levels and precedes the Federal Reserve's anticipated interest rate cut next week. The Fed has been reducing rates following a series of hikes aimed at curbing inflation, which remains above its 2% target. The report suggests ongoing price pressures, although components affecting the Fed's preferred inflation measure, the PCE index, were weak.

October Sees Uptick in Wholesale Prices, Sparking Inflation Concerns
economy1 year ago

October Sees Uptick in Wholesale Prices, Sparking Inflation Concerns

Wholesale prices rose by 0.2% in October, slightly higher than September, according to the producer price index. This increase, while modest, could potentially lead to higher consumer prices, though experts like Saloni Firasta Vastani suggest the rise may not be significant enough to impact consumers immediately. The Labor Department reported a 2.4% increase in wholesale prices compared to last year. With Federal Reserve Chair Jerome Powell indicating stable interest rates, the economic balance between inflation and interest rates remains delicate.