Consumers Perk Up, So Do Wholesale Prices
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U.S. consumers cheered up in early  December, sending potentially good news to retailers during the  crucial holiday shopping season, a report showed on Friday.
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Washington area's job growth and well-educated consumers attract plenty of nationally-known retailers willing to compete for space, driving up rent prices.
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Rising energy prices pushed wholesale prices up in May, but the measure of core producer prices registered a small increase, suggesting that high gasoline prices are not affecting the cost of other goods.
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Retail sales were solid in November as the holiday shopping season got underway, but a good portion of consumer dollars went to higher-priced gasoline, which also pushed wholesale inflation up by the largest amount in 34 years.
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Improving labor market conditions and cheaper energy prices led to a sharp increase in a widely watched indicator of consumer confidence in the economy in December, a good sign for growth heading into the new year.
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WASHINGTON - US producer prices, a measure of inflation at the wholesale level, rose by a faster-than-expected 0.5% in November, seasonally adjusted Labor Department data showed.
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Retail sales rose a strong 1.2 percent in November in a bright sign for the holiday shopping season, but producer prices posted their biggest gain in 34 years, offering a reminder that rising costs are weighing on the economy.
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Japanâs wholesale inflation accelerated in June as oil and other commodity prices rose, prompting food and packaging companies to pass on costs to clients.
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US producer prices - a measure of wholesale inflation - rose by a faster than expected 0.5% in November, seasonally adjusted Labor Department figures showed this afternoon.
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The biggest jump in gasoline prices in six months helped push inflation at the wholesale level higher in May although inflation outside of energy remained well-behaved.
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Restaurateur's shares shoot up on news of increased profitability.
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Wholesale prices in the US surges ahead in May, up 0.9%, adding to concerns over continuing inflation risks
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US consumers were more upbeat than expected in May, a survey says, helped by a strong stock market.
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Shoppers spend more, giving the company yet another quarter of sales growth and even better earnings.
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Bankrate keeps its customers -- and advertisers -- coming back for more.
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U.S. consumers are facing higher prices for appliances with retailers raising prices this month to offset rising raw material costs.
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Consumer prices, stoked by more expensive gasoline and pricier fruits and vegetables, heated up in October, rising by 0.6 percent, the biggest gain in five months.