Eye On Housing
Contrary to economists’ expectations of a small gain, inflation in prices received by producers (prior to sales to consumers) fell 0.4% in July, nearly erasing June’s 0.5% increase. According to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics, the decline was a result of nearly identical drops in prices of services and goods of 0.3%… Read More ›
Inflation in prices received by producers (prior to sales to consumers) increased 0.5% in June according to the latest Producer Price Index release by the Bureau of Labor Statistics. The increase was driven by a 0.4% increase in the price of services, while the final demand index for goods rose 0.8% (the price of services is weighted roughly double the… Read More ›
The Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for January. Energy prices continued their recent decline, the index for finished goods was pushed up modestly by an increase in the price of food goods, while core prices (i.e., excluding food and energy) rose by 0.2%, the average over the last year. But the prices for certain… Read More ›