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Services boost U.S. producer prices; underlying inflation firming


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 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 - AllAfrica.com


South Africa: Governor Lesetja Kganyago - Statement of Monetary Policy Committee On 18 January 2018
AllAfrica.com
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 ...

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US producer prices rise strongly, point to firming inflation - Nasdaq


Nasdaq

US producer prices rise strongly, point to firming inflation
Nasdaq
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 ...
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Producer Price Indexes - Bureau of Labor StatisticsBureau of Labor Statistics

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Posted on 12 December 2017 | 9:06 am | Google News

Services boost US producer prices; underlying inflation firming - Reuters


Reuters

Services boost US producer prices; underlying inflation firming
Reuters
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 ...

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Posted on 14 November 2017 | 9:20 am | Google News

US producer inflation, labor market strengthening - Reuters


Reuters

US producer inflation, labor market strengthening
Reuters
“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 ...

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Posted on 12 October 2017 | 10:18 am | Google News

Chevron returns staff to Gulf platforms; no timeline on operations - Reuters


Chevron returns staff to Gulf platforms; no timeline on operations
Reuters
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 ...

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Posted on 9 October 2017 | 4:05 pm | Google News

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