US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
(RTTNews) - Producer prices in the U.S. rose by slightly less than expected in the month of December, according to a report released by the Labor Department on Tuesday. The Labor Department said its ...
Gift Nifty was trading around 23,305 level, a premium of nearly 33 points from the Nifty futures’ previous close, indicating ...
The Commerce Department releases its monthly snapshot of U.S. retail sales on Thursday. Analysts forecast that retail sales ...
Demand to lock in oil and gas prices jumped to a record high on Friday on the AEGIS hedging marketplace, as the harshest U.S. sanctions yet on Russian energy trade sent oil prices to multi-month highs ...
Cal-Maine Foods’s stock rose about 5% after hours as the nation’s largest egg producer reported stronger-than-expected ...
Investors shouldn’t expect a tame reading in wholesale inflation in December to translate into a small increase in consumer prices. It might, and it might not. The producer price index moves in the ...
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