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U.S. Producer Prices Rise Slightly More Than Expected In January

RTTNews | 11j 40min yang lalu

U.S. Producer Prices Rise Slightly More Than Expected In January

(RTTNews) - Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January.

The Labor Department said its producer price index for final demand rose by 0.4 percent in January after climbing by an upwardly revised 0.5 percent in December.

Economists had expected producer prices to rise by 0.3 percent compared to the 0.2 percent uptick originally reported for the previous month.

Meanwhile, the report said the annual rate of producer price growth in January was unchanged from an upwardly revised 3.5 percent in December.

The annual rate of producer price growth was expected to slow to 3.2 percent from the 3.3 percent originally reported for the previous month.

Teg: USD

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U.S. Producer Price Growth Slightly Exceeds Estimates In January

U.S. Producer Price Growth Slightly Exceeds Estimates In January

Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January. The Labor Department said its producer price index for final demand rose by 0.4 percent in January after climbing by an upwardly revised 0.5 percent in December.

RTTNews | 10j 11min yang lalu

U.S. Jobless Claims Dip Slightly More Than Expected To 213,000

U.S. Jobless Claims Dip Slightly More Than Expected To 213,000

First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 213,000, a decrease of 7,000 from the previous week's revised level of 220,000.

RTTNews | 10j 15min yang lalu

U.S. Weekly Jobless Claims Dip Slightly More Than Expected

U.S. Weekly Jobless Claims Dip Slightly More Than Expected

First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday.

RTTNews | 11j 46min yang lalu

U.S. Consumer Prices Climb 0.5% In January, More Than Expected

U.S. Consumer Prices Climb 0.5% In January, More Than Expected

Consumer prices in the U.S. increased by more than expected in the month of January, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index advanced by 0.5 percent in January after climbing by 0.4 percent in December. Economists had expected consumer prices to rise by 0.3 percent.

RTTNews | 1 hari yang lalu

U.S. Consumer Prices Climb More Than Expected In January

U.S. Consumer Prices Climb More Than Expected In January

Consumer prices in the U.S. increased by more than expected in the month of January, according to a report released by the Labor Department on Wednesday.

RTTNews | 1 hari yang lalu

Powell Reiterates Fed Doesn't 'Need To Be In A Hurry' To Lower Interest Rates

Powell Reiterates Fed Doesn't 'Need To Be In A Hurry' To Lower Interest Rates

Federal Reserve Chair Jerome Powell delivered his semiannual monetary policy testimony before the Senate Banking Committee on Tuesday, reiterating his belief that the central bank does "not need to be in a hurry" to adjust its policy stance.

RTTNews | 2 hari yang lalu

U.S. Households' Longer Term Inflation Expectations Rise: NY Fed Survey

U.S. Households' Longer Term Inflation Expectations Rise: NY Fed Survey

American households' expectations of inflation in five years increased in January, while their spending growth hopes fell to the lowest level in four years, results of a survey by the Federal Reserve Bank of New York showed on Monday.

RTTNews | 3 hari yang lalu

U.S. Wholesale Inventories Decrease In Line With Estimates In December

U.S. Wholesale Inventories Decrease In Line With Estimates In December

The Commerce Department released a report on Friday showing wholesale inventories in the U.S. decreased in line with economist estimates in the month of December.

RTTNews | 6 hari yang lalu

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