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More Bad News on Inflation Producer Price Index Jumps 11.3%

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the staff of the Ridgewood blog

Washington DC, the Producer Price Index for final demand increased 1.1 percent in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9 percent in May and 0.4 percent in April.

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Inflation Hits 9.1% Fastest Pace Since February 1981

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the staff of the Ridgewood blog

Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.3 percent in June on a seasonally adjusted basis after rising 1.0 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 9.1 percent before seasonal adjustment. The increase was broad-based, with the indexes for gasoline, shelter, and food being the largest contributors.

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Wholesale Prices Rose at a Near Record 10.8% Annual Rate

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the staff of the Ridgewood blog

Washington DC, the Producer Price Index (Wholesale Prices) for final demand increased 0.8 percent in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.4 percent in April and 1.6 percent in March.

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Inflation rose 8.6% in May, the highest since 1981

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the staff of the Ridgewood blog

Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent in May on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today.

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Wholesale Inflation Surged to 11% in April as Producer Prices keep Accelerating

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the staff of the Ridgewood blog

Washington DC, the Producer Price Index for final demand increased 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 1.6 percent in March and 1.1 percent in February.

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Inflation-adjusted Wages and Salaries declined 3.3 percent for the 12 months ending March 2022

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the staff of the Ridgewood blog

Washington DC, , Compensation costs for civilian workers increased 1.4 percent, seasonally adjusted, for the 3-month period ending in March 2022, the U.S. Bureau of Labor Statistics reported today.

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Largest Increase Ever Recorded: Producer Prices Jump 11.2% from a year ago in March

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the staff of the Ridgewood blog

The Producer Price Index for final demand increased 1.4 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.9 percent in
February and 1.2 percent in January.  On an unadjusted basis, final demand prices moved up 11.2 percent for the 12 months ended in March, the largest increase since 12-month data
were first calculated in November 2010.

Continue reading Largest Increase Ever Recorded: Producer Prices Jump 11.2% from a year ago in March

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Wholesale Prices Up 10%

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the staff of the Ridgewood blog

Washington DC, the Producer Price Index for final demand increased 0.8 percent in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 1.2 percent in January and 0.4 percent in December 2021.  On an unadjusted basis, final demand prices moved up 10.0 percent for the 12 months ended in February.

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Nonfarm Payroll Employment Rose by 678,000 in February, unemployment rate edged down to 3.8 percent and the labor force participation rate, remained at 62.3 percent

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the staff of the Ridgewood blog

Washington DC, total nonfarm payroll employment rose by 678,000 in February, and the unemployment rate edged down to 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, health care, and construction.

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Inflation: Wholesale Prices Jump 1% , Up 9.7% For the Year

Fed Chairman Jerome Powell

the staff of the Ridgewood blog

Ridgewood NJ, the Producer Price Index (wholesale prices) for final demand increased 1.0 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.4 percent in December 2021 and 0.9 percent in November.

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Inflation Rose at the “Faster then Expected ” Pace of 7.5%

Fed Chairman Jerome Powell

Inflation the largest 12-month increase since the period ending February 1982

the staff of the Ridgewood blog

Ridgewood NJ, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.5 percent before seasonal adjustment. Increases in the indexes for food, electricity, and shelter were the largest contributors to the seasonally adjusted all items increase. The food index rose 0.9 percent in January following a 0.5-percent increase in December.

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Inflation Hits 7% Highest Rate Since 1982

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the staff of the Ridgewood blog

Ridgewood NJ, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in December on a seasonally adjusted basis after rising 0.8 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.0 percent before seasonal adjustment. Increases in the indexes for shelter and for used cars and trucks were the largest contributors to the seasonally adjusted all items increase. The food index also contributed, although it increased less than in recent months, rising 0.5 percent in December.

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INFLATION: Producer Price Index Surges 9.6 percent in the the largest Advance Since November 2010

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the staff of the Ridgewood blog

Ridgewood NJ, the Producer Price Index for final demand increased 0.8 percent in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.6 percent in each of the 3 prior months. (See table A.) On an unadjusted basis, the final demand index rose 9.6 percent for the 12 months ended in November, the largest advance since 12-month data were first calculated in November 2010.

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Inflation Soars 6.8% , Fastest Rate Since 1982

Inside The International Monetary Fund's Rethinking Macro Policy Conference

photo Secretary of the Treasury Janet Yellen

the staff of the Ridgewood blog

Ridgewood NJ, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in November on a seasonally adjusted basis after rising 0.9 percent in October, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.8 percent before seasonal adjustment.

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Producer Price Index Fans Inflation Fears Increasing at and Annualized Rate of 6.2%

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the staff of the Ridgewood blog

Ridgewood NJ, the Producer Price Index (PPI) for final demand increased 0.6 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.5 percent in September and 0.7 percent in August. (See table A.) On an unadjusted basis, the final demand index rose 8.6 percent for the 12 months ended in October.

Continue reading Producer Price Index Fans Inflation Fears Increasing at and Annualized Rate of 6.2%