Arab Today, arab today us wholesale inflation flat
Last Updated : GMT 13:27:38
Arab Today, arab today
Arab Today, arab today

US wholesale inflation flat

Arab Today, arab today

Arab Today, arab today US wholesale inflation flat

Washington - SPA

U.S. wholesale prices were flat in July due to falling energy costs, the government said Wednesday in a report that pointed to very little inflationary pressure in the economy. The Labor Department said its producer price index (PPI), which measures price changes before they reach the consumer, showed no change last month compared with June, when it had surged 0.8 percent, the most in nine months, on a jump in gasoline prices. A drop in natural-gas and gasoline costs held back the index in July. Energy costs fell 0.2 percent after soaring 2.9 percent in June. Gasoline prices fell 0.8 percent, and natural-gas costs tumbled 3.9 percent. Excluding volatile energy and food costs, core PPI rose only 0.2 percent. Core wholesale prices are up only 1.2 percent over the past 12 months, the smallest year-over-year increase since late 2010. Weak inflation has helped consumers increase spending this year despite slow income growth and higher pension taxes. But extremely low inflation is dangerous because it raises the risk that a major shock to the economy could send prices and wages into a downward spiral known as deflation. Weak inflation also encourages businesses and consumers to delay purchases.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us wholesale inflation flat Arab Today, arab today us wholesale inflation flat

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us wholesale inflation flat Arab Today, arab today us wholesale inflation flat

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday