WASHINGTON (Reuters) - U.S. producer prices rose more than expected in October, driven by a surge in the cost of services, leading to the biggest annual increase in wholesale inflation in over 5-1/2 years. (Reuters US News) More
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Posted on 23 January 2018 | 11:00 am | Google News
South Africa: Governor Lesetja Kganyago - Statement of Monetary Policy Committee On 18 January 2018
Lower food and fuel price inflation contributed to this decline. Goods price inflation moderated to 3.7% from 4.1% previously, while services price inflation was unchanged at 5.5%. The South African Reserve Bank's (SARB) measure of core inflation ...
Posted on 19 January 2018 | 3:50 am | Google News
US producer prices rise strongly, point to firming inflation
A key gauge of underlying producer price pressures that excludes food, energy and trade services also rose 0.4 percent last month. The so-called core PPI had increased by 0.2 percent for two straight months. It rose 2.4 percent in the 12 months through ...
US Wholesale Prices Climbed More Than Forecast in November
Producer Price Indexes - Bureau of Labor Statistics
Posted on 12 December 2017 | 9:06 am | Google News
Services boost US producer prices; underlying inflation firming
The strong producer price readings probably did not translate into higher consumer prices in October as the correlation between the PPI and consumer price index has weakened. Still, firming inflation at the factory gate is likely to be welcomed by Fed ...
Posted on 14 November 2017 | 9:20 am | Google News
US producer inflation, labor market strengthening
“The strength of the inflation and labor market indicators reported today provide important support to our December interest rate hike call,” said Scott Anderson, chief economist at Bank of the West in San Francisco. The Labor Department said its ...
Posted on 12 October 2017 | 10:18 am | Google News
Chevron returns staff to Gulf platforms; no timeline on operations
HOUSTON (Reuters) - Chevron Corp (CVX.N) said on Monday it has sent staff back to U.S. Gulf of Mexico platforms that were shuttered ahead of Hurricane Nate, but would not speculate on when operations would return to normal. The shutdowns ahead of the ...
Posted on 9 October 2017 | 4:05 pm | Google News
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