<h2 class="topline-heading">Topline</h2><p>Wholesale prices declined unexpectedly in August after Wall Street anticipated an increase, according to data released Wednesday by the Bureau of Labor Statistics, whose report on consumer prices comes later this week as the Federal Reserve debates interest rates. </p><figure class="embed-base image-embed embed-0" role="presentation"><div class="image-embed__placeholder"><img src="https://specials-images.forbesimg.com/imageserve/68c180f3132c832ac6daecd7/US-TRADE-TARIFFS-DIPLOMACY/960x0.jpg?cropX1=0&amp;cropX2=1208&amp;cropY1=61&amp;cropY2=741" alt="US-TRADE-TARIFFS-DIPLOMACY" width="100%" height="auto"></div><div style="--article-bg-color:#faf3f1"><div class="bMqrj"><div class="Jp--BF7-"><span style="-webkit-line-clamp:2" class="Ccg9Ib-7 _8XF2kHYM">A report on wholesale prices precedes consumer price data due later this week, as the Federal Reserve debates interest rates.</span></div><small class="pGGCM2aD">AFP via Getty Images</small></div></div></figure>

<div class="key-facts-element"><p>The producer price index—measuring costs across several goods and services—decreased 0.1% in August from July, the Bureau of Labor Statistics <a href="https://www.bls.gov/news.release/ppi.nr0.htm" rel="nofollow noopener noreferrer" target="_blank" class="color-link" title="https://www.bls.gov/news.release/ppi.nr0.htm" data-ga-track="ExternalLink:https://www.bls.gov/news.release/ppi.nr0.htm" aria-label="reported">reported</a>, after economists expected a 0.4% rise, according to FactSet.</p></div>

A report on wholesale prices precedes consumer price data due later this week, as the Federal Reserve debates interest rates.{ai:summary}<p>Wholesale prices fell 0.1% in August, surprising economists who expected a 0.4% rise, the Bureau of Labor Statistics reports.</p><p>The PPI decline comes ahead of the CPI release as the Fed weighs its next move on rates. #economy</p>

Wholesale Prices Dropped Suddenly In August—Rare Good Economic News

Topline

Loading...