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Wholesale inflation jumps to highest level since April 2023
The producer price index, a key measure of inflation at the wholesale level, rose in March to the highest level in close to a year as high prices persist.
Wholesale inflation rose 2.1% in March — sharpest increase in 11 months
Wholesale prices last month saw their sharpest year-on-year increase in 11 months — one day after a hotter-than-expected US inflation report sent stocks tumbling and stoked fears that the Fed won’t cut interest rates anytime soon.
US wholesale inflation heated up again last month
A key US inflation gauge rose last month to its highest level since April 2023. The Producer Price Index, a closely watched measure of inflation at the wholesale level, rose 2.1% for the 12 months ended in March, according to Bureau of Labor Statistics data released Thursday.
Wholesale inflation rises to 0.53% in March, highest in three months
Wholesale inflation in the country rose marginally to three-month high of 0.53 per cent in March compared to 0.20 per cent in the preceding month due to increase in prices of vegetables, potato, onion and crude oil.
Wholesale inflation hits three-month high of 0.53 pc in March
Wholesale Inflation: "The annual rate of inflation based on all-India Wholesale Price Index (WPI) number is 0.53 per cent (provisional) for the month of March, 2024 (over March, 2023)," the commerce and industry ministry said in a statement on Monday.
India's Wholesale Inflation Hits Three-Month High, Reaches 0.53% in March
Wholesale inflation in India saw a marginal increase to 0.53% in March, driven by higher prices of vegetables, potato, onion, and crude oil.
6d
on MSN
PPI: Wholesale inflation rises 0.2% for March, less than expectations
Wholesale Producer Price Index March inflation rose 0.2% for a 2.1% increase over the past 12 months, according to a Thursday ...
1d
on MSN
Wholesale inflation at 0.53% in March
Wholesale inflation in the country rose marginally to 0.53 per cent in March compared to 0.20 per cent in the preceding month ...
Asian News International on MSN
2d
India's wholesale inflation inches up marginally in March
Wholesale inflation in India, based on the Wholesale Price Index, remained in positive territory for the fifth month after ...
6d
on MSN
Tamer wholesale costs offer ray of hope on inflation, but prices are still headed in the wrong direction
A tamer increase in wholesale prices in March raised hopes that inflation is slowing enough to keep the Federal Reserve on ...
6d
PPI: Wholesale inflation rises 0.2% for March, below expectations
Wholesale Producer Price Index March inflation rose 0.2% for a 2.1% increase over the past 12 months, according to a Thursday ...
6d
on MSN
Wholesale Inflation Comes in Cooler, Calming Markets and Clouding the Picture for Interest Rate Cuts
Producer prices are those paid by businesses for the goods and services they provide to consumers. While firms do not always ...
Fox 5 San Diego
3d
Inflation is still climbing sharply in these U.S. cities
The
Inflation
Reduction Act was a good first step in addressing corporate greed.” U.S. producer prices rose in March from a ...
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