US October Producer Prices Rise the Most Since 1990
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Prices paid to US producers rose 1.7 percent last month, the biggest jump in 14 years, as higher energy and food costs suggested that inflation is picking up with economic demand.
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NEW YORK, November 5  - The US economy witnessed the highest job growth in the past seven months in October this year, a monthly government data said today.
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US consumer prices rose in October, spurred by energy and food costs, and industrial production and housing starts surged, suggesting the Federal Reserve may keep raising its benchmark interest rate.
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US consumer prices - stoked by more expensive gasoline as well as pricier fruits and vegetables - heated up in October, rising by 0.6 per cent, the biggest gain in five months.
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Retail prices for the greater New York area climbed 0.7% higher in October, with higher costs for housing, transportation, food and apparel offsetting a seasonal decline in electricity prices, according to the US Department of Labor&#39;s Bureau of Labor
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stoked by more expensive gasoline as well as pricier fruits and vegetables -- heated up in October, rising by 0.6 percent, the biggest gain in five months.
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Last month, wholesale prices posted their biggest increase in 14 years, the Labor Dept. reported on Nov. 16. The Producer Price Index, a gauge of prices received by farms, factories, and refineries, rose 1.7%, nearly twice as high as forecasted.
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US consumer prices - stoked by more expensive gasoline, fruits and vegetables - heated up in October, rising by 0.6 per cent, the biggest gain in five months.
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Producer prices, or the cost of goods at the factory gate, rose by 0.3 percent in January from level the previous month, the biggest increase for six months, official data has shown.
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U.S. core consumer prices kept  rising in October and new claims for unemployment benefits  unexpectedly shot higher last week, according to government  reports on Thursday that implied the economy faces continuing  pressure to keep growing without spurring inflation.
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Trade data shows that rising prices for imported oil widened the US trade deficit in October.
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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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U.S. producer prices recorded their  largest gain in more than three decades in November, while the  nation's pace of home building also rose for the month in a  sign of health for the housing sector.
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That enthusiasm was tempered somewhat today when the Labor Department reported that the Consumer Price Index (CPI) rose 0.6 percent in October, the biggest increase since June and
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Wholesale prices for domestically produced menâs and boysâ apparel rose 0.6 percent in October 2004, which economists attributed to higher energy costs rather than real pricing power, the Labor Departmentâs Producer Price Index revealed on Tuesday.
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America&#39;s trade deficit grew to an all-time high of $55.5 billion in October as imports - including those from China - increased to the loftiest levels on record.
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NEW YORK, November 16  - US wholesale prices increased sharply by 1.7% in October this year, after a marginal increase of 0.1% in the previous month.