WASHINGTON—Wholesale prices in the United States decelerated again last month, the latest sign that inflationary pressures are easing in the face of the Federal Reserve’s streak of interest rate hikes. The government’s producer price index—which measures inflation before it reaches consumers—rose just 0.1 percent last month from June 2022, the smallest such increase since August…
US Wholesale Prices for June Point to Further Easing of Inflation Pressures
US Wholesale Price Data for April Points to Easing Inflation Pressures
WASHINGTON—Wholesale prices in the United States rose modestly last month, the latest sign that inflationary pressures may be easing more than a year after the Federal Reserve unleashed an aggressive campaign of steadily higher interest rates. From March to April, the government’s producer price index rose just 0.2 percent after falling 0.4 percent from February…
US Wholesale Inventories Rise Strongly in November as Demand Falters
WASHINGTON—U.S. wholesale inventories increased strongly in November, lifting the inventories-to-sales ratio to the highest level in nearly 2–1/2 years, as higher borrowing costs depressed sales. The Commerce Department said on Tuesday that wholesale inventories rose 1.0 percent as previously reported last month. Stocks at wholesalers increased 0.6 percent in October. Economists polled by Reuters had…
Wholesale Inflation in US Further Slowed in November to 7.4 Percent
WASHINGTON—Wholesale prices in the United States rose 7.4 percent in November from a year earlier, a fifth straight slowdown and a hopeful sign that inflation pressures across the economy are continuing to cool. The latest year-over-year figure was down from 8 percent in October and from a recent peak of 11.7 percent in March. On…
US Wholesale Inventories Increase Strongly; Sales Growth Slows
WASHINGTON—U.S. wholesale inventories increased slightly more than initially thought in April, suggesting that inventory investment could provide a lift to economic growth this quarter. The rise in stocks reported by the Commerce Department on Wednesday, however, came as sales growth moderated. Inventories are being closely watched amid rising fears of a recession next year as…
Chinese Regime Locks Down World’s Largest Wholesale Hub Under its Zero-COVID Policy
April 30, 2022
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Asia & PacificCCP VirusChinaChina Business & EconomyChinese RegimeEditor's PicksINSIDE CHINAsmall commoditiessocial controlSpecial TopicswholesaleWorldYiwuZhejiang
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The Chinese communist regime has locked down the world’s largest wholesale market—Yiwu City in China’s Zhejiang Province, since April 27 due to a COVID-19 outbreak. Experts believe that the regime’s implementation of the extreme “zero-COVID” policy in the “world’s small commodity capital” will bring a new blow to the global supply chain. According to a…
US Wholesale Inventories Rise Strongly, Seen Boosting Fourth Quarter Growth
WASHINGTON—U.S. wholesale inventories increased more than initially thought in November, suggesting that the restocking of warehouses likely contributed strongly to economic growth last quarter. The almost broad increase in inventories reported by the Commerce Department on Monday also offered more hope that supply bottlenecks were easing. It followed in the wake of an Institute for…
Japan’s December Wholesale Inflation Seen Staying Near Record High: Poll
TOKYO—Japan’s wholesale inflation in December is expected to remain near a recent peak as companies hike prices to offset rising raw material costs, a Reuters poll showed on Friday. The corporate goods price index (CGPI), a gauge of the prices companies charge each other for their goods, in December likely rose 8.8 percent from a…
Japan Wholesale Inflation Hits 13-Year High, Squeezing Corporate Profits
TOKYO—Japan’s wholesale inflation hit a 13-year high in September as rising global commodity prices and a weak yen pushed up import costs, putting pressure on corporate margins and raising the risk of unwanted consumer price hikes. Rising input costs are adding strain for manufacturers already hit by supply constraints and clouding the outlook for the…
Japan Wholesale Inflation Likely Hit 13-year High in September on Rising Commodity Costs: Poll
October 8, 2021
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Asia & PacificBusiness & EconomycommodityCompaniesEconomiesinflationJapanpollseptemberwholesaleWorld
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TOKYO—Japan’s wholesale prices likely hit a 13-year high in September, buoyed by lofty commodity prices, while firms’ machinery orders are expected to have risen for the second straight month in August, a Reuters poll showed on Friday. The corporate goods price index (CGPI), which tracks the prices companies charge one another for their goods, likely…
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