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Inflation rose to 3.3% in Dec. in producer price index

Wall St set for higher open after softer-than-expected producer price data

Wall Street's main indexes were on track to open higher on Tuesday, as investors assessed softer-than-expected producer inflation to gauge the Federal Reserve's monetary policy trajectory this year. A Labor Department report showed the producer price index rose 3.

The Associated Press on MSN · 1d

Producer prices rose less than expected in December, encouraging investors

The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before. Compared with a year earlier, producer prices rose 3.3%, biggest jump since February 2023 and up from a 3% gain in November.

Washington Examiner on MSN · 1d

Inflation rose to 3.3% in December in producer price index in threat to outlook

There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest rates restrictively high for longer.

1don MSN

Stock market today: Indexes tick higher as producer inflation comes in cool

US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...

ジャパンタイムズ1h

Japan's producer price index hit record high in 2024

The producer price index, which measures the costs of goods traded between companies, rose 2.3% from the previous year to 122 ...

MarketWatch1d

Subdued PPI reading is nice, but Wednesday's consumer-price index may be 'most important inflation reading in recent memory'

A subdued December producer-price index reading Tuesday morning brought a modicum of relief to investors stressed out over the prospect of a re-acceleration of inflation, but it's the December ...

1don MSN

Stock market today: Indexes mixed as investors brace for a critical inflation report

Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.

Stock Futures Jump as Producer Prices Show Signs of Cooling

Stock futures jumped after Wall Street finally got an encouraging update on inflation. The producer price index rose 0.2% in December on a monthly basis, the Bureau of Labor Statistics said Tuesday.