US Producer Prices Unchanged in July As Food, Gas Prices Slip, Restraining Inflation Pressures

The figures, which measure wholesale and other selling prices at businesses, indicate price pressures in the production pipeline were fairly contained at the start of the second half of 2018. While U.S. demand is rising, there’s concern about higher materials costs and persistent uncertainty as the Trump administration imposes tariffs and other nations including China retaliate. The cost of goods rose 0.1 percent from June, bringing the annual increase to 4.5 percent -- the biggest gain since December 2011, the report showed. Services prices decreased 0.1 percent from the prior month, reflecting lower margins at wholesalers and retailers. Margins for fuels and lubricants retailing dropped 12.7 percent, while cost gauges for machinery and equipment parts wholesaling, hospital outpatient care, and airline passenger services also decreased. While the consumer price index due Friday is considered a more important indicator of inflation, data on producer prices help provide insights into the direction of input costs that businesses are facing.

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Gas prices slipped? When? They’ve gone up here... from January to December

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And, food prices down? I don't think so. My bill shows higher "score"...

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Hang on, what about those tariffs? Those tariffs are hitting August, not July as it should be....

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U.S. steel manufacturers have already raised its prices on their product.... guess why? 

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As measured by the S&P CoreLogic Case-Shiller U.S. National Home Price Index home prices are up 51.5% from February 2012's market bottom, but have increased just 9.9% in the 12 years since the July 2006 peak...

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Prices was unchanged in July from June, but remains well up from a year earlier. The equivalent of a guaranteed salary, if people are buying what they need and getting off welfare and unemployment....

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38 minutes ago, Pavel said:

As measured by the S&P CoreLogic Case-Shiller U.S. National Home Price Index home prices are up 51.5% from February 2012's market bottom, but have increased just 9.9% in the 12 years since the July 2006 peak...

 

U.S. home prices are soaring to levels near or surpassing pre-recession peaks....
 

https://www.citylab.com/equity/2018/08/home-prices-index/566768/

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