The March reading of producer prices comes out at 8:30 AM ET.
[credit provider=”Flickr via Kheel centre, Cornell University”] Producer prices rose +0.7 per cent. Core prices gained +0.2 per cent.
[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Balloon_over_Luxor_-_Egypt.jpg”] The November producer price index (PPI) fell by 0.8 per cent, which was a bit more than the 0.5 per cent expected by economists.Click Here For Updates >
[credit provider=”AP Photos/Andy Wong” url=”http://www.apimages.com/OneUp.aspx?st=k&kw=china%20pork&showact=results&sort=relevance&intv=None&sh=10&kwstyle=and&adte=1352433962&pagez=60&cfasstyle=AND&rids=62ef40f6aedd46ae8ed316f1e6cf8e97&dbm=PY2009&page=1&xslt=1&mediatype=Photo”] Consumer and producer prices for November are out at 8:30 p.m. ET. Analysts polled by Bloomberg expect consumer prices to rise 2.1 per cent, and producer prices to fall 2 per cent.Bank of America’s Ting Lu expects consumer prices to rise 2.1 per cent because […]
[credit provider=”Flickr / pietroizzo” url=”http://www.flickr.com/photos/pietroizzo/3514192452/in/photostream/”] Inflation burdened food producers this summer, as food and energy prices increased some 1.7 per cent.But the most surprising part of the new BLS report was one commodity you don’t often see in headlines: eggs.
[credit provider=”MoneyBlogNewz / Flickr” url=”http://www.flickr.com/photos/moneyblognewz/5264113065/”] The July producer price index came in at 0.3 per cent, which was a bit higher than economists’ expectation for a 0.2 per cent climb.Core PPI, which excludes food and energy, increased by 0.4 per cent, which was also higher than the 0.2 per cent […]
UPDATE The headline PPI number fell 1.0 per cent, which was much more than the 0.6 per cent decline expected.
[credit provider=”AP Images” url=”http://www.apimages.com/OneUp.aspx?st=k&kw=general%20motors%20assembly%20line&showact=results&sort=relevance&intv=None&sh=10&kwstyle=and&adte=1322056353&pagez=60&cfasstyle=AND&rids=0e24a8fb8a854d998e82e1d7643cd740&dbm=PY2011&page=1&xslt=1&mediatype=Photo”] Update:
[credit provider=”Magyar Nemzeti Múzeum Történeti Fényképtára, Budapest” url=”http://mek.oszk.hu/01900/01906/html/index1433.html”] Inflation numbers have been heating up. U.S. PPI just came in higher than expected at 0.8%. UK’s CPI also jumped. In India and China, food inflation has been stubbornly high.Hyperinflation is more of an extreme. Over the weekend, John Mauldin wrote that […]
[credit provider=”Dave Parker via Flickr” url=”http://www.flickr.com/photos/daveparker/5906407693/”] Headline PPI was unchanged versus the expectation of -0.1%.Core PPI–excluding food and energy–increased 0.1% versus the expectation of 0.2%.
[credit provider=”AP”] Headline: 0.8% month-over-month riseExpectations: 0.6% month-over-month rise
Companies’ cost of production is going up, up and away! Who gets stuck with those bills? Well, it’s us, the consumers. Many companies have stated they plan to pass those costs onto the end customer. Today’s Producer Price Index data gives us a good indication of what’s going on at […]
Headline Number: 1.1% increase month-over-month,
One of the Fed’s stated goals for its additional round of monetary easing is to create some inflation, in an effort to help inflate the economy out of its doldrums. The Fed says it has plenty of room to move without worrying that its easy money policies will create inflationary […]