The U.S. Producer Price Index (PPI), a key measure of product prices, fell in July—for the first time in more than two years—registering the smallest 12-month gain in 2022, as energy prices fell and inflation rates moderated. The index, which was released by the U.S. Bureau of Labor Statistics on Aug. 11, showed demand for…
Wholesale Inflation Softens, but the Producer Price Index Remains Uncomfortably High
The Great Squeeze in Profit Margins
Commentary It’s beyond me why the Consumer Price Index (CPI) garners so much attention from the press, but the statistical release the following day barely makes a dent in the news cycle. That is the Producer Price Index (PPI). In many ways, the PPI is more important because it forecasts the plight of the consuming…
South Korea’s Consumer Price Index Rising at Record Pace Due to Heavy Reliance on Imports From China
China’s rising raw material costs are driving up the prices of consumer goods in South Korea, said the Bank of Korea. According to a Yonhap News Agency report citing the Bank of Korea, China’s soaring producer price index and export prices driven by its rising raw material costs are adding to South Korea’s inflation pressures,…
China’s Consumer and Producer Price Index at Record Pace
As the end of the year approaches, people across China see higher prices at grocery stores, gas pumps, and even at home as Beijing tries to tame inflation. According to a December report by China’s Bureau of National Statistics, the country’s producer price indexes (PPI) in October and November were up by 13.5 percent and…
China’s Producer Price Index Hits 13-Year High
China’s Producer Price Index (PPI) year-on-year increase in May hit its highest in nearly 13 years, according to data released by the Chinese Communist Party (CCP). Officials blamed monetary easing policies in Europe and the United States in response to the global CCP virus pandemic, which broke out in Wuhan, China, in late 2019. PPI…
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