U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services ...

US wholesale inflation unexpectedly cooled in December, helped by a drop in food costs and flat services prices that may help ...

U.S. producer ... rise in nonfarm payrolls in December and decline in the unemployment rate, which led economists to expect that the U.S. central bank would keep rates unchanged through June. US ...

Economists had expected producer prices to rise by 0.3 percent. Meanwhile, the report said the annual rate of producer price growth accelerated to 3.3 percent in December from 3.0 percent in November.

The producer price report came out a day before the Labor Department reports on consumer prices. Its consumer price index is expected to rise 0.3% from November and 2.8% from December 2023 ...

Some economists cautioned against reading too much into the benign rise in the monthly PPI, arguing that producer prices tended to ... U.S. economist at Santander US Capital Markets.

US producer prices rose less than expected ... A Reuters survey forecast consumer prices would rise 0.3%, matching November's gain. "Today's PPI numbers should offer absolutely no comfort about ...

Some economists cautioned against reading too much into the benign rise in the monthly PPI, arguing that producer prices tended to be softer in December ... chief U.S. economist at Santander US ...