Washington, D.C. (PPD) — The Consumer Price Index (CPI) for final demand rose a seasonally-adjusted 0.6% in July, doubling the forecast in the largest gain since January. That large gain follows another 0.6% increase in July and June, recovering all but 0.1% of the total losses during the shutdown.
Forecasts for the CPI ranged from a low of 0.2% to a high of 0.5%. The consensus forecast was 0.3%.
On Tuesday, BLS reported the Producer Price Index (PPI) for final demand rose a seasonally-adjusted 0.6% in July, doubling the forecast and the largest gain since October 2018. That gain recovered all of the -0.2% and -0.4% readings in June and May, respectively.
The most damning journalistic sin committed by the media during the era of Russia collusion…
The first ecological study finds mask mandates were not effective at slowing the spread of…
On "What Are the Odds?" Monday, Robert Barnes and Rich Baris note how big tech…
On "What Are the Odds?" Monday, Robert Barnes and Rich Baris discuss why America First…
Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…
Research finds those previously infected by or vaccinated against SARS-CoV-2 are not at risk of…
This website uses cookies.