Wednesday, April 7, 2010 as of 11:14 AM ET
A Producer Price Index (PPI) measures average changes in prices received by domestic producers for their output.
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Producer prices unexpectedly fell in April as energy costs dropped by the most in six months, a sign of easing inflation pressures that could give the Federal Reserve more room to help the economy should growth weaken.
The Labor Department said on Friday its seasonally adjusted producer price index dropped 0.2 percent last month. That was the first drop of the year and the biggest decline since October.Economists polled by Reuters had expected prices at farms, factories and refineries to be flat.The decline left wholesale prices 1.9 percent higher in April that a year earlier, the weakest reading since October 2009.Wholesale prices excluding volatile food and energy costs rose in line with economist' expectations, up 0.2 percent after March's 0.3 percent gain.The drop in PPI was due to a 1.4 percent decline in energy prices, the biggest drop since October. Gasoline costs slumped 1.7 percent while prices also fell for residential natural gas and liquefied petroleum gas.The producer price...U.S. wholesale prices were unchanged in March as a recent surge in energy prices was mostly reversed, the Labor Department said Thursday. Excluding the volatile cate...
Asian shares fell on Monday as a sharp slowdown in U.S. jobs growth raised concerns about the strength of the world's largest economy, prompting investors to curb ri...
First-quarter earnings season kicks off next week as earnings seasons always do with a report from aluminum products maker Alcoa (NYSE: AA).Other bellwether companie...
The cost of goods leaving South Africa's factories was up 8.3% on the year in February, down from an annual rate of 8.9% in January, Statistics South Africa said Thu...
U.S. producer prices recorded their biggest gain in five months in February as the cost of energy spiked, a government report showed on Thursday, but underlying infl...
U.S. wholesale prices rose a seasonally adjusted 0.4% in February, the fastest increase in five months, sparked by higher petroleum costs, the Labor Department said ...
Investors will get a look at reports on weekly jobless claims, U.S. wholesale prices and manufacturing strength in the New York region at 8:30 a.m. Eastern. Economis...
Wall Street will be wondering next week whether the improved jobs landscape will change the Federal Reserve ’s mind at all on interest rates. The Fed meets on Tuesda...
Everyone will be wondering next week whether the improved jobs landscape will change the Federal Reserve ’s mind at all on interest rates. The Fed meets on Tuesday.A...
China's consumer price index rose at a weaker-than-expected rate of 3.2% in February from the same month a year earlier, according to data released Friday. The CPI p...
Brazilian equities climbed Friday with electronic technology stocks leading the gains and the market's benchmark index ready to end the week higher. The nation's pro...
Donald Straszheim, ISI Group senior managing director, on China's central bank cutting its reserve ratio by 50 basis points, plus the nation’s increasing importance and influence on America.
The dollar pared gains and Treasury prices stayed higher on Friday after a report showed U.S. producer prices unexpectedly fell 0.2% in April. Excluding food and ene...
Producer prices may have dropped 0.1% in April but grown 0.2% when food and energy are excluded, according to a MarketWatch-compiled economist forecast. The data are...
China's industrial output growth slowed significantly in April to the lowest level since May 2009, adding to worries over a slowdown in the world's second-largest ec...
China's consumer inflation slowed in April after a surprise gain in March, while wholesale prices headed lower, according to government data released Friday. The con...
Earnings, inflation data and a roadshow for the most anticipated initial public offering in recent memory. That's what's on tap for next week.First-quarter earnings ...
Australia's producer price index fell 0.3% in the first quarter of 2012, the Australian Bureau of Statistics reported Monday. On an annual basis, PPI rose 1.4%. Econ...
U.S. producer prices were unexpectedly flat in March as a drop in gasoline costs offset rising food prices, according to a government report on Thursday that also sh...
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