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Monday, December 5, 2022
HomeNewsEconomyProducer Price Index (PPI): Wholesale Inflation Flat in August

Producer Price Index (PPI): Wholesale Inflation Flat in August

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producer-price-index-ppi

The Producer Price Index (PPI) reported by the Labor Department Bureau of Labor Statistics.

The Labor Department said the producer price index (PPI) showed prices at the wholesale level were relatively flat in August and missed the median forecast. Economists’ expectations were for a gain of 0.1%.

Prices excluding the volatile food and energy components rose 0.1%, matching the median forecast.

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Staff Writing Group

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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