US EditionUS wholesale inflation fell last month as price pressures eased, but trade war clouds outlook
- The Labor Department reported a 0.4% drop in the Producer Price Index last month.
- Easing inflationary pressure stemmed from a supply-demand imbalance in energy markets and recession fears.
- Gasoline prices decreased 11.1%, while egg prices plummeted 21.3% after a bird flu price surge.
- Core PPI, excluding food and energy, fell 0.1%; economists had forecast a rise to 3.3% annually.
- Easing inflation occurred before tariffs; trade wars and tariffs are expected to potentially raise prices.
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Associated Press News+36 Reposted by 36 other sources
US wholesale inflation fell last month as price pressures eased, but trade war clouds outlook
The Labor Department is reporting that its producer price index — which tracks inflation before it hits consumers — was fell 0.4% from February.
·United States
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WLFI News 18+5 Reposted by 5 other sources
Another inflation report underlines the strength of the US economy before Trump’s tariff chaos
Inflationary pressures eased at the wholesale level last month, another indication of a strong economy before the bulk of President Donald Trump’s aggressive trade policies kicked in.
ANALYSIS - Is Trump’s tariff war reshaping global economy?
To boost production, domestic market, lessen foreign dependence, come out on top against economic rivals, Trump’s ‘America First’ policies play key role in global trade, as he leverages tariffs as bargaining chip to make other fall in line - Anadolu Ajansı
·Ankara, Türkiye
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Total News Sources63
Leaning Left14Leaning Right8Center19Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 34%
C 46%
R 20%
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