Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / ppi inflation acts up in a nasty way spikes after bi

SCHR - PPI Inflation Acts Up In A Nasty Way Spikes After Big Downward Revisions

Schwab Intermediate-Term U.S. Treasury

2024-05-14 15:25:00 ET

Summary

  • The overall PPI for final demand spiked by 6.4% annualized in April from March, seasonally adjusted, driven by a massive 7.0% spike.
  • Core PPI, which excludes energy costs, spiked by 6.1% annualized in April from March, seasonally adjusted.
  • Services PPI – this is where the action has been – spiked by 7.0% annualized in April from March.

Services knocked it out of the ballpark. Not helpful for the Fed-favored core PCE price index later in May, which includes some of those services. ...

For further details see:

PPI Inflation Acts Up In A Nasty Way, Spikes After Big Downward Revisions
Stock Information
Company Name: Schwab Intermediate-Term U.S. Treasury
Stock Symbol: SCHR
Market: NYSE
Menu
SCHR SCHR Quote SCHR Short SCHR News SCHR Articles SCHR Message Board
Get SCHR Alerts

News, Short Squeeze, Breakout and More Instantly...