_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 amy rose vore 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
_who-inherited-andre-the-giant39s-money-after-he-died.webp "Larger than life, Andre the Giant rose to prominence in the wrestling world. So what happened to his money after death?")
_young-sheldon-s07e14-memoir.webp "Young Sheldon 7x14 \")
_unemployment-rate-rises-to-highest-level-for-nearly-a-year-figures-show.webp "Britain’s unemployment rate has risen to its highest level for nearly a year as further cracks show in the jobs market, according to official figures. The Office for National Statistics (ONS) said the rate of UK unemployment rose to 4.3% in the three months to March, which is the highest since May to July last year and up from 4.2% in the previous three months.")
_indonesia39s-toll-rises-from-deadly-sumatra-floods.webp "The death toll from weekend flash floods and mud slides in Indonesia's West Sumatra province rose to at least 62 on Wednesday, authorities said, while rescuers were searching areas near rivers for more people who are still missing. - REUTERS")
_all-new-dacia-duster-tce-130-journey-design-preview.webp "“More Duster Still Duster”: All-New Duster is the next chapter in the story of a model that has grown into a standard-setter on its market and an all-round Dacia icon encapsulating everything the brand stands for: Robust and Outdoor, Essential but Cool, and Eco-Smart. Duster was born in 2010, overhauled for the first time in 2017, and rose to the top by rewriting the SUV rulebook.<br/><br/>And Duster is a success story: in its 13-year-long career, it has netted more than 40 awards, production is at 2.4 million units and counting, and its steadily increasing popularity ranked it as Europe’s best-selling SUV across all segments in the retail market in 2022. About 1,000 Duster SUVs roll off production lines at Dacia’s plant in Pitesti, Romania, every day – about one every minute!<br/><br/>All-New Duster is built on the CMF-B platform, which is playing a central role in Dacia’s industrial strategy. This competitive and extremely flexible platform was first used on the latest Sandero and Logan models, then on Jogger. It provides all the versatility Dacia needs to optimally deploy its ambitious product plan.<br/><br/>Dacia has reinvented Duster’s design. It still has the striking looks that propelled the previous generations to the top – especially its solid, sturdy SUV character – but pushes them higher, further and harder with Dacia’s new, distinctive design. All-New Duster is proud to parade its overhauled design.The designers started with simple volumes – the cabin, bonnet, wings, etc. Then they assembled them into a clear-cut whole, to give the model a modern, well-built style, with deliberately taut, self-confident lines.<br/><br/>The simple shapes and volumes add to the design’s power – including the sharp, vertical face, chamfered wheel-arch guards, large tailgate and side windows reaching seamlessly from bow to stern.<br/><br/>All-New Duster is shielded with a stylish belt wrapping all the way around it: the side underbody shields connect to the hallmarks then to the wheel arches, which in turn connect to the front and rear bumpers, making All-New Duster more robust and outdoor than ever!")
_sam-taylor-johnson-would-love-to-see-aaron-taylor-johnson-as-the-next-james-bond.webp "Sam Taylor-Johnson would love to see Aaron Taylor-Johnson as the next James Bond and would even like to become the first woman to direct a film in the franchise.")
_it39s-showtime-pochero-to-argus-pochero-showing-bulilit.webp "Aired (May 13, 2024): Ibang levels ang actingan nina Kelsey at Argus sa pagganap nila bilang Judy Ann Santos at Ryan Agoncillo sa pelikulang ‘Kasal, Kasali, Kasalo!’ #GMANetwork<br/><br/><br/>Madlang Kapuso, join the FUNanghalian with #ItsShowtime family. Watch the latest episode of 'It's Showtime' hosted by Vice Ganda, Anne Curtis, Vhong Navarro, Karylle, Jhong Hilario, Amy Perez, Kim Chui, Jugs & Teddy, MC & Lassy, Ogie Alcasid, Darren, Jackie, Cianne, Ryan Bang, and Ion Perez.<br/>Monday to Saturday, 12NN on #GMA Network. #ItsShowtime #MadlangKapuso<br/><br/><br/>Watch It's Showtime full episodes here:<br/><br/><br/>https://www.gmanetwork.com/fullepisodes/home/its_showtime")
_rose-valley-acreage-on-the-market.webp "'Alne Bank' at Rose Valley is on the market.")
_who-inherited-andre-the-giant39s-money-after-he-died.jpg)
_young-sheldon-s07e14-memoir.jpg)
_unemployment-rate-rises-to-highest-level-for-nearly-a-year-figures-show.jpg)
_indonesia39s-toll-rises-from-deadly-sumatra-floods.jpg)
_all-new-dacia-duster-tce-130-journey-design-preview.jpg)
_sam-taylor-johnson-would-love-to-see-aaron-taylor-johnson-as-the-next-james-bond.jpg)
_it39s-showtime-pochero-to-argus-pochero-showing-bulilit.jpg)
_rose-valley-acreage-on-the-market.jpg)
![[+]](/images/menu.gif){kind=small}