_hotter-than-expected-prices-raise-rate-cut-doubts-as-prices-rise-over-2-in-april.jpg "Hotter-than-Expected Prices Raise Rate Cut Doubts as Prices Rise Over 2% in April from bangla hot jump grim Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 1.2M times
✓ Published: 15-May-2024
👁 View: 1.2M times
✓ Published: 15-May-2024
Description:
The Producer Price Index, which measures wholesale prices, rose 0.5% in April, more than the expected increase of 0.3%. Core PPI, which excludes volatile food and energy prices, also increased by 0.5% compared to an estimated 0.2%. On a yearly basis, wholesale inflation rose over 2% in April, the biggest gain in a year. Services prices drove much of the wholesale inflation, and portfolio management costs increased sharply. Energy prices rose led by a jump in gasoline costs, while food prices declined. Hotter-than-expected inflation raises doubts about the Fed's ability to cut rates soon to achieve its 2% target.
The Producer Price Index, which measures wholesale prices, rose 0.5% in April, more than the expected increase of 0.3%. Core PPI, which excludes volatile food and energy prices, also increased by 0.5% compared to an estimated 0.2%. On a yearly basis, wholesale inflation rose over 2% in April, the biggest gain in a year. Services prices drove much of the wholesale inflation, and portfolio management costs increased sharply. Energy prices rose led by a jump in gasoline costs, while food prices declined. Hotter-than-expected inflation raises doubts about the Fed's ability to cut rates soon to achieve its 2% target.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_cara-menyusupkan-makanan-ke-rumah-sakit-124124-situasi-permen-dan-camilan-rahasia-oleh-123-go-gold.webp "123 GO! GOLD Indonesian")
⏲ 52 minutes 13 seconds 👁 878
_skydivers-soar-through-tower-bridge-on-wingsuit-flight-after-3000ft-helicopter-jump.webp "Skydivers soar through Tower Bridge on wingsuit flight after 3,000ft helicopter jump from bangla hot jump grim")
_breadbarbershop3-124-1927-124-mongolian-dubbing.webp "Ноён талхны үсчний газар")
_r-i-p-goodbye-sheriff-thank-you-for-protecting-everyone-so-sad-story-124sheriff-labrador-animation.webp "Romeo Boy")
R. I. P Goodbye Sheriff, Thank you for protecting everyone! So Sad Story |Sheriff Labrador Animation
⏲ 1 hour 4 minutes 19 seconds 👁 1K
_supa-strikas-124-perfect-match-124-full-episode-124-soccer-cartoons-for-kids-124-football-cartoon.webp "The Supa Strikas - Kids Soccer Cartoon")
⏲ 1 hour 2 minutes 15 seconds 👁 1.5M
_building-an-illegal-boat.webp "Tiko")
_playful-robotic-dog-on-display-at-motorsports-event.webp "These people were all in astonishment as this joyful robotic dog demonstrated its abilities. It acted like an actual dog, jumping and playing in front of everyone, eliciting cheers from the spectators.")
_terence-hill-eating-mexican-beans-124-they-call-me-trinity-western-budspencer-shorts.webp "Best Movie Moments and Clips")
⏲ 58 seconds 👁 3.9M
_cara-menyusupkan-makanan-ke-rumah-sakit-124124-situasi-permen-dan-camilan-rahasia-oleh-123-go-gold.jpg)
_skydivers-soar-through-tower-bridge-on-wingsuit-flight-after-3000ft-helicopter-jump.jpg)
_breadbarbershop3-124-1927-124-mongolian-dubbing.jpg)
_r-i-p-goodbye-sheriff-thank-you-for-protecting-everyone-so-sad-story-124sheriff-labrador-animation.jpg)
_supa-strikas-124-perfect-match-124-full-episode-124-soccer-cartoons-for-kids-124-football-cartoon.jpg)
_building-an-illegal-boat.jpg)
_playful-robotic-dog-on-display-at-motorsports-event.jpg)
_terence-hill-eating-mexican-beans-124-they-call-me-trinity-western-budspencer-shorts.jpg)
![[+]](/images/menu.gif){kind=small}