US: Annual PPI declines to 8.7% in August vs. 8.8% expected

Australia News News

US: Annual PPI declines to 8.7% in August vs. 8.8% expected
Australia Latest News,Australia Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

US: Annual PPI declines to 8.7% in August vs. 8.8% expected – by eren_fxstreet PPI Macroeconomics UnitedStates

Bureau of Labor Statistics revealed on Wednesday. This print came in lower than the market expectation of 8.8%.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Forex Today: Markets Await US CPI DataForex Today: Markets Await US CPI DataForex Today: Markets are awaiting key US inflation data which will be closely watched for signs that the Fed is succeeding in bringing down the rate. Markets FOREXNEWS Trading
Read more »

Inflation hits 8.3% in August — worse than expected despite falling gas pricesInflation hits 8.3% in August — worse than expected despite falling gas pricesUS inflation rose by a higher-than-expected 8.3% in August despite falling gasoline prices — adding pressure on the Federal Reserve as it decides whether to impose another super-size interest…
Read more »

U.S. stocks open sharply lower, Dow drops more than 500 points after stronger-than-expected inflationU.S. stocks open sharply lower, Dow drops more than 500 points after stronger-than-expected inflationU.S. stocks opened sharply lower Tuesday as investors reacted to a stronger-than-expected inflation reading for August. The Dow Jones Industrial Average...
Read more »

August inflation breakdown: Where are prices hitting Americans the hardest?August inflation breakdown: Where are prices hitting Americans the hardest?Inflation rose faster than expected in August, squeezing U.S. households in the form of higher prices for everyday necessities like groceries, rent and electricity.
Read more »

US economic future looks ‘messy’ after August inflation report hotter than expectedUS economic future looks ‘messy’ after August inflation report hotter than expectedFormer Congressional Budget Office Director Douglas Holtz-Eakin warns the state of the economy is about to get 'messy' as job, housing and retail growth slows with Fed policy.
Read more »



Render Time: 2025-03-01 05:47:15