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Surge beats analyst expectations.. Electricity producer prices up 174.9% on the year.. Excluding energy, August up only 14% year-on-year ... German producer prices rose in August at their strongest rate since records began both in annual and monthly terms, driven mainly by soaring energy prices, raising the chances that headline inflation will surge even higher. Producer prices of industrial products increased by 45.8% on the same month last year, the Federal Statistical Office reported on Tuesday. Compared to July 2022, prices rose 7.9%, it added.. ... The surge was considerably stronger than expected, with analysts having forecast a 37.1% year-on-year...

(Reuters) - U.S. producer prices recorded their largest increase in nine months in March, but that jump will probably not ignite inflation pressures as economic growth remains moderate. The Labor Department said on Friday its seasonally adjusted producer price index for final demand increased 0.5 percent last month, after slipping 0.1 percent in February. The increase last month, which was the largest since June last year, reflected a surge in the prices of food and trade services. "Will inflation accelerate? Probably, but not rapidly," said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania. "Growing demand should stabilize...

The Bush economy keeps rolling

Industrial production and new home construction rose sharply last month, suggesting that the economy is overcoming high energy prices and rebounding from the summer slump. But a spike in consumer prices is also stoking worries that inflation might spread more broadly as the economy heats up. The Federal Reserve reported yesterday that industrial production rose 0.7 percent in October, the fastest pace since July. In addition, the Commerce Department reported that new housing starts had recovered from a September dip to rise 6.4 percent last month. Investors in financial markets seemed encouraged by the emerging panorama of economic strength, as...

U.S. Dec PPI rose 0.3 pct Wednesday January 14, 8:30 am ET WASHINGTON, Jan. 14 (Reuters) - U.S. Labor Department monthly producer price index (1982 equals 100, except where noted): . Seasonally Adj Unadjusted . Dec Nov Dec03/02 Finished Goods 0.3 -0.3 4.0 Less Food, Energy -0.1 -0.1 1.0 Consumer Foods 0.2 -0.3 7.7 Energy Goods 1.8 -1.2 11.5 Finished Goods Index(X) 144.5 144.5 N/A Residential NatGas(W) -0.9 -1.1 20.2 Gasoline 5.1 -4.8 14.9 Heating Oil 6.4 -1.6 13.6 Tobacco Products(X) 0.2 0.1 -0.1 Passenger Cars 0.2 -0.8 1.9 Capital Equipment -0.1 -0.1 0.9 Pharmaceutical Preps 0.2 -0.1 4.1 Intermediate...

U.S. NOV PPI fell 0.3 pct Friday December 12, 8:30 am ET WASHINGTON, Dec 12 (Reuters) - U.S. Labor Department monthly producer price index (1982 equals 100, except where noted): . Seasonally Adj Unadjusted . Nov Oct Nov03/02 Finished Goods -0.3 0.8 3.4 Less Food, Energy -0.1 0.5 0.5 Consumer Foods -0.3 2.2 7.9 Energy Goods -1.2 -0.1 9.9 Finished Goods Index(X) 144.5 145.5 N/A Residential NatGas(W) -1.1 -1.8 20.8 Gasoline -4.8 -3.0 7.8 Heating Oil -1.6 9.6 12.5 Tobacco Products(X) 0.1 0.5 -7.4 Passenger Cars -0.8 1.6 0.8 Capital Equipment -0.1 0.6 0.9 Pharmaceutical Preps -0.1 0.2 3.9 Intermediate...

U.S. Oct PPI rose 0.8 pct Friday November 14, 8:31 am ET WASHINGTON, Nov. 14 (Reuters) - U.S. Labor Department monthly producer price index (1982 equals 100, except where noted): . Seasonally Adj Unadjusted . Oct Sept Oct03/02 Finished Goods 0.8 0.3 3.4 Less Food, Energy 0.5 unch 0.5 Consumer Foods 2.2 1.2 8.5 Energy Goods -0.1 0.1 9.2 Finished Goods Index(X) 145.5 143.9 N/A Residential NatGas(W) -1.8 1.6 24.9 Gasoline -3.0 2.2 3.7 Heating Oil 9.6 -14.3 3.2 Tobacco Products(X) 0.5 0.1 -7.4 Passenger Cars 1.6 -0.5 -0.4 Capital Equipment 0.6 -0.1 0.9 Pharmaceutical Preps 0.2 0.4 4.1 Intermediate...

U.S. Sept PPI rose 0.3 pct Friday October 10, 8:28 am ET WASHINGTON, Oct. 10 (Reuters) - U.S. Labor Department monthly producer price index (1982 equals 100, except where noted): . Seasonally Adj Unadjusted . Sept Aug Sept03/02 Finished Goods 0.3 0.4 3.5 Less Food, Energy unch 0.1 0.1 Consumer Foods 1.2 0.7 6.6 Energy Goods 0.1 1.2 12.9 Finished Goods Index(X) 143.9 143.5 N/A Residential NatGas(W) 1.6 -1.5 29.5 Gasoline 2.2 6.3 21.7 Heating Oil -14.3 1.6 -1.5 Tobacco Products(X) 0.1 unch -7.8 Passenger Cars -0.5 0.3 -0.1 Capital Equipment -0.1 0.1 0.6 Pharmaceutical Preps 0.4 0.3 4.7 Intermediate...

U.S. Aug PPI rose 0.4 pct Friday September 12, 8:32 am ET WASHINGTON, Sept. 12 (Reuters) - U.S. Labor Department monthly producer price index (1982 equals 100, except where noted): . Seasonally Adj Unadjusted . Aug July Aug03/02 Finished Goods 0.4 0.1 3.4 Less Food, Energy 0.1 0.2 0.4 Consumer Foods 0.7 -0.2 5.0 Energy Goods 1.2 0.3 14.2 Finished Goods Index(X) 143.5 143.0 N/A Residential NatGas(W) -1.5 unch 28.9 Gasoline 6.3 3.6 20.8 Heating Oil 1.6 1.7 21.5 Tobacco Products(X) unch unch -7.9 Passenger Cars 0.3 0.4 0.8 Capital Equipment 0.1 0.4 0.8 Pharmaceutical Preps 0.3 0.6 4.8 Intermediate...

U.S. July PPI rose 0.1 pct Thursday August 14, 8:32 am ET WASHINGTON, Aug 14 (Reuters) - U.S. Labor Department monthly producer price index (1982 equals 100, except where noted): . Seasonally Adj Unadjusted . July June July03/02 Finished Goods 0.1 0.5 3.0 Less Food, Energy 0.2 -0.1 0.2 Consumer Foods -0.2 0.4 3.7 Energy Goods 0.3 3.4 14.4 Finished Goods Index(X) 143.0 143.1 N/A Residential NatGas(W) unch 3.6 34.1 Gasoline 3.6 7.6 16.2 Heating Oil 1.7 9.0 18.9 Tobacco Products(X) unch -0.1 -8.0 Passenger Cars 0.4 -0.7 0.4 Capital Equipment 0.4 -0.1 0.7 Pharmaceutical Preps 0.6 0.7 4.7 Intermediate...

U.S. June PPI rose 0.5 pct Friday July 11, 8:32 am ET WASHINGTON, July 11 (Reuters) - U.S. Labor Department monthly producer price index (1982 equals 100, except where noted): . Seasonally Adj Unadjusted . June May June03/02 Finished Goods 0.5 -0.3 2.9 Less Food, Energy -0.1 0.1 -0.3 Consumer Foods 0.4 0.1 3.9 Energy Goods 3.4 -2.6 15.3 Finished Goods Index(X) 143.1 142.1 N/A Residential NatGas(W) 3.6 0.8 35.5 Gasoline 7.6 -11.1 16.5 Heating Oil 9.0 -14.6 23.7 Tobacco Products(X) -0.1 0.2 -7.9 Passenger Cars -0.7 0.2 -1.3 Capital Equipment -0.1 0.1 unch Pharmaceutical Preps 0.7 -0.1 4.2 Intermediate...