US Producer Prices Fall On Declining Energy, Food Costs
US producer prices fell more than expected in May as the costs of energy goods and food declined, signalling that inflation pressures were abating t
Stay updated with breaking news from Christopher Rupkey. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
US producer prices fell more than expected in May as the costs of energy goods and food declined, signalling that inflation pressures were abating t
The increase reported by the Commerce Department on Wednesday was the biggest since April 2015 and pushed the trade gap to the highest level in six months
The United States’ trade deficit rose in April to widen to a six-month high, potentially affecting Q2 GDP growth.
(Adds details throughout, analyst comments) * Trade deficit increases 23.0% in April * Goods imports rise 2.0%; exports tumble 5.3% WASHINGTON, June 7 (R... | 10:06am
The U.S. trade deficit widened by the most in eight years as imports of goods rebounded while exports of energy products declined.