U.S. Wholesale Prices Rise in Another Sign of Inflation Pickup
Thursday, 15 February 2018 20:44 WIB | ECONOMY |Ekonomi ASPPI

U.S. wholesale prices rose in January on costs of energy and hospital services, underscoring signs of stronger inflation in the economy that have sent bond yields soaring this month, a Labor Department report showed Thursday.

Producer-price index rose 0.4% m/m (matching est.) after no change the prior month.

PPI rose 2.7% from a year earlier (est. 2.4%) after 2.6% gain in prior 12-month period.

Excluding food and energy, core gauge increased 0.4% m/m (est. 0.2% rise), rose 2.2% y/y (est. 2%).

Source : Bloomberg

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