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US wholesale prices jump in July as Donald Trump's tariffs hit
US producers raised prices at the fastest pace in more than three years last month, stoking concerns about higher prices for consumers.
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theguardian.com
US prices continued rise in July as Trump tariffs impact consumer costs
Prices were 2.7% higher last month compared with a year ago, and core inflation went up at a higher pace than what was seen in June
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cnbc.com
Consumer prices rise 2.7% annually in July, less than expected amid tariff worries
CPI was projected to increase 0.2% in July and 2.8% for a year ago on headline, and 0.3% and 3% on core
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aljazeera.com
Consumer prices increase in July amid tariff driven economic uncertainty
Prices on goods affected by tariffs saw biggest surges while prices less contingent on foreign imports saw decreases.
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Wholesale prices rose 0.9% in July, much more than expected
The producer price index was expected to a show a 0.2% increase for July, according to the Dow Jones consensus estimate.
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huffpost.com
U.S. Producer Prices Surge In July As Trump Tariffs Push Costs Higher
The numbers were much higher than economists had expected.
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fortune.com
Another tariff warning sign as wholesale inflation surges unexpectedly in July
The producer price index — which measures inflation before it hits consumers — was up 0.9% last month from June and 3.3% from a year earlier, much higher than expected.
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upi.com
July PPI: U.S. wholesale prices rose 0.9%, much more than expected - UPI.com
The threat of inflation to the U.S. economy may be looming after a Bureau of Labor Statistics report Thursday showed a jump in wholesale prices.
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bbc.com
US wholesale prices jump in July as Donald Trump's tariffs hit
US producers raised prices at the fastest pace in more than three years last month, stoking concerns about higher prices for consumers.