Producer Price Index (PPI)

[tsptalk]

Wholesale prices rose 0.2% in March, less than expected

The producer price index, a measure of inflation at the wholesale level, increased 0.2% for the month, less than the 0.3% estimate from the Dow Jones consensus.

However, on a 12-month basis, the PPI rose 2.1%, the biggest gain since April 2023, indicating pipeline pressures that could keep inflation elevated.

initial filings for jobless benefits fell to 211,000, a decline of 11,000 from the previous week’s upwardly revised level and below the 217,000 estimate.

PPI inflation report March 2024: Wholesale prices rose 0.2% in March

 

[tsptalk]

Wholesale prices rose 0.5% in April, more than expected

The producer price index, a measure of what producers receive for the goods they produce, increased 0.5% in April and was up 2.2% on a 12-month basis, the biggest gain in a year.

Core PPI also increased 0.5% compared to the 0.2% Dow Jones estimate.

Services prices boosted the wholesale inflation reading, rising 0.6% and accounting for about three-quarters of the headline gain.

PPI report: Wholesale prices rose 0.5% in April, more than expected

 

[tsptalk]

Wholesale prices unexpectedly fell 0.2% in May

The producer price index, a gauge of prices that producers get for their goods and services in the open market, declined 0.2% for the month against expectations for a 0.1% increase.

PPI was held back by a 0.8% decrease in final demand goods prices, which was the largest decline since October 2023.

In other economic news, initial claims for unemployment insurance jumped to 242,000 for the week ended June 8. That’s the highest level since August 2023.

PPI report: Wholesale prices unexpectedly fell 0.2% in May

 

[tsptalk]

Wholesale prices rose 0.2% in June, slightly hotter than expected

The producer price index is now up 2.6% year over year.

In June, an increase in the price for services offset a decline for goods.

The reading is an increase from the May number, which was also revised higher. Friday’s report said that the index was unchanged in May as compared to a decline of 0.2% in the original release.

Wholesale prices rose 0.2% in June, slightly hotter than expected

 

[TommyIV]

The Producer Price Index rose only 0.1% from the previous month, it was expected to rise 0.2%. This is the first major economic report of four this week and so far it has passed investor approval. Tomorrow we have the Consumer Price Index. Was the PPI a warm-up to the CPI? Or is it prematurely lowering the expectations for a lower reading and potentially setting the market up for disappointment?

[h=1]U.S. Producer Price Index (PPI) MoM [/h]

 

[tsptalk]

Wholesale prices rose 0.2% in August, in line with expectations

The producer price index increased 0.2% in August, the Bureau of Labor Statistics said Thursday. That matched the Dow Jones consensus estimate.

Initial filings for unemployment benefits totaled 230,000 for the week ended Sept. 7, up 2,000 from the previous period and higher than the 225,000 estimate.

Producer price index August 2024: Wholesale prices rose 0.2%, in line with expectations

 

[tsptalk]

US producer prices unchanged in September

The unchanged reading in the producer price index for final demand last month followed an unrevised 0.2% gain in August, the Labor Department's Bureau of Labor Statistics said on Friday. Economists polled by Reuters had forecast the PPI edging up 0.1%.

In the 12 months through September, the PPI increased 1.8% after climbing 1.9% in August. Government data on Thursday showed consumer prices rising slightly more than expected in September, lifted by higher food costs.

https://finance.yahoo.com/news/us-producer-prices-unchanged-september-124011154.html

PPI
Actual: 0.0% | B.com Forecast: 0.1% | B.com Cons: 0.1% | Prior: 0.2%

Core PPI
Actual: 0.2% | B.com Forecast: 0.2% | B.com Cons: 0.2% | Prior: 0.3%

 

[tsptalk]

Wholesale prices rose 0.2% in October, in line with

The producer price index, which measures what producers get for their products, increased a seasonally adjusted 0.2% for the month, up one-tenth of a percentage point from September though matching the Dow Jones consensus forecast. On a 12-month basis, headline wholesale inflation was at 2.4%.

Excluding food and energy, core PPI rose 0.3%, also one-tenth more than September and also matching expectations. The 12-month rate was at 3.1%.

https://www.cnbc.com/2024/11/14/wholesale-prices-rose-0point2percent-in-october-in-line-with-expectations.html

From briefing.com:

The key takeaway from the report is that there was inflation in this report -- not disinflation -- at the wholesale level. That will stir concerns about PCE inflation sticking at higher levels and the Fed not cutting rates as much as previously envisioned.

 

[tsptalk]

Wholesale prices rose 0.4% in November, more than expected

The producer price index increased 0.4% for November, higher than the Dow Jones consensus estimate for 0.2%.

However, excluding food and energy, core PPI increased 0.2%, meeting the forecast.

First-time claims for unemployment insurance totaled a seasonally adjusted 242,000 for the week ending Dec. 7, versus the 220,000 forecast and up 17,000 from the prior period.

https://www.cnbc.com/2024/12/12/producer-price-index-november-2024-.html

 

[tsptalk]

Inflation watch: Wholesale prices rose 0.2% in December, less than expected

The producer price index rose 0.2% in December, less than the 0.4% increase in November and below the Dow Jones consensus estimate for 0.4%.

Excluding food and energy, the so-called core PPI was flat compared with the forecast for a 0.3% rise.

The release is the first of two key inflation readings this week that likely will figure into the Federal Reserve’s interest rate decision later in January.

https://www.cnbc.com/2025/01/14/ppi-december-2024-.html