producer prices

U.S. Wholesale Inflation Still Mild Despite Increase

U.S. wholesale prices rose only slightly in January after three straight declines, the latest sign that inflation is posing no threat. It means the Federal Reserve has room to keep interest rates at record lows without worrying about igniting inflation. The Labor Department said Wednesday that its producer price index rose 0.2 percent last month, the first increase since September. Gasoline and other energy prices fell, while food prices jumped 0.7 percent after dropping sharply in December.

Producer Price Index Rose 1.1% in December

Wholesale prices in December posted their biggest increase in nearly a year, lifted by more expensive energy and food costs. But most other prices were largely well behaved, suggesting inflation isn't spreading through the economy.

U.S. PPI Ticked Up in July, Easing Deflation Concern

Producer prices, which rose less than expected in July, with the core level rising a higher-than-expected 0.3%. Low inflation -- not delfation -- is probably just what the U.S. Federal Reserve wants at this stage of the recovery.

Food Pushed Up March's PPI by 0.7%

Producer prices unexpectedly surged primarily because of spiking foodstuff costs. Fresh/dried vegetables, severely crimped by the cold winter, skyrocketed 49% in March. But the core rate, minus food and fuel, was a far tamer 0.1%.

Wholesale Inflation Jumps 1.4% in January

Producer prices unexpectedly surged 1.4% in January, the U.S. Labor Department announced Thursday, as a jump in energy prices pushed the wholesale index higher. Further, the core rate, which excludes the often-volatile food and energy component, rose 0.3% in January.