{"id":766162,"date":"2026-09-10T13:08:17","date_gmt":"2026-09-10T13:08:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/766162\/"},"modified":"2026-09-10T13:08:17","modified_gmt":"2026-09-10T13:08:17","slug":"ppi-inflation-report-august-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/766162\/","title":{"rendered":"PPI inflation report August 2026:"},"content":{"rendered":"<p>Gas prices are displayed at a Brooklyn gas station on Sept. 4, 2026, in New York City. <\/p>\n<p>Spencer Platt | Getty Images<\/p>\n<p>U.S. wholesale prices rose in August, according to a report Thursday that could play a key role in the Federal Reserve&#8217;s upcoming interest rate decision.<\/p>\n<p>The <a href=\"https:\/\/www.bls.gov\/news.release\/ppi.nr0.htm\" target=\"_blank\" rel=\"nofollow noopener\">producer price index<\/a>, a measure of final-demand costs for goods and services, increased a seasonally adjusted 0.4% for the month, in line with the Dow Jones consensus, the Bureau of Labor Statistics reported Thursday. <\/p>\n<p>On an annual basis, that put PPI at 5.4%, still well above the Fed&#8217;s 2% inflation target and 0.1 percentage point higher than expected. PPI rose 0.1% in July, a slight upward revision from the original estimate of no change.<\/p>\n<p>Excluding food and energy, core PPI accelerated by 0.2%, against the forecast for a 0.3% increase. Core less trade services, another volatile category, was up 0.3%.<\/p>\n<p>Stock market futures were negative following the report, the release of which coincided with U.S. crude oil prices topping $100 a barrel. Treasury yields moved sharply higher.<\/p>\n<p>Energy prices in particular and goods prices overall were responsible for most of the increase. Final-demand energy prices rose 4.2%, pushed largely by soaring diesel, which surged 24.1%. Goods prices broadly increased 1.1%.<\/p>\n<p>Services prices were up just 0.1%, with a 2.3% increase in transportation and warehousing accounting for much of that move. <\/p>\n<p>Portfolio management costs, a closely watched metric in the PPI calculations, fell 1.6% for the month but were still up 18.8% from a year ago.<\/p>\n<p>This is breaking news. Please refresh for updates.<\/p>\n","protected":false},"excerpt":{"rendered":"Gas prices are displayed at a Brooklyn gas station on Sept. 4, 2026, in New York City. Spencer&hellip;\n","protected":false},"author":2,"featured_media":766163,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[252975,390,6146,84,273,1294,1431,186,56,54,158,55],"class_list":["post-766162","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-lco27g","tag-breaking-news","tag-breaking-news-economy","tag-business","tag-business-news","tag-economy","tag-inflation","tag-prices","tag-uk","tag-united-kingdom","tag-united-states","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/766162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=766162"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/766162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/766163"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=766162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=766162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=766162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}