Rare Positive Economic Indicator: Wholesale Prices Unexpectedly Fell Last Monthhttps://t.co/VjBMw4teqc https://t.co/09LFjqwQDm ...

Welcome back to Squawkbox. Rick Santella here live at CHQ with the important breaking news on this Wednesday morning. PPI wholesale inflation for August expected to be up 3/10en.No, no, no. Down one/tenth of a percent. Down one10enth.Wow. That would be the first negative number since April of this year when it was minus 210. If you strip out food and energy, we're also expecting up 3/10.It's minus one/10enth as well. Minus one/10enth the same. Last time we had a minus number was April.Uh and we're comping t ...

It is time for a little money power politics. The Labor Department published new numbers on US wholesale prices today and spoiler they are much higher than expected. The PPI surged nearly 1% last month.That is the biggest monthly jump in over 3 years. Now if you are not familiar with this measure, what it is, what it means, why do we care. Well, PPI stands for producer price index.That means the wholesale price of goods. we care because it provides unique insight into the real inflation picture that's comin ...

Wholesale prices—the cost of goods and services purchased directly from producers—rose at the sharpest monthly rate in three years https://t.co/LmRHFPbvFO ...

Stocks Shudder As Wholesale Prices Rise Higher Than Expected In Julyhttps://t.co/Yx1I4NjRG5 https://t.co/R4ll72q2jt ...