The Bureau of Labor Statistics showed that its producer price index (PPI) rose 3.3% from the year prior, up from 3% in November but below the 3.5% increase economists had projected.

Inflation is still here, and not until Biden leaves can we believe any of their reports. Dr Matt Will joins Tony Katz to discuss this and Trump's ERS. #PPI, #ERS, #ExternalRevenueService, #Tariffs, #Inflation,

The Producer Price Index for final demand edged up 0.2% in December, seasonally adjusted, the U.S. Bureau of Labor Statistics

Recent data from the Bureau of Labor Statistics shows the cost of living continues to outpace earnings, leaving many Americans struggling to make ends meet.

On Wednesday, the price of bitcoin continued rising, surging to over $99,000 as it looked poised to return to the $100,000 mark, driven by new inflation data. Minutes after the U.S. Bureau of Labor Statistics unveiled new data from the Consumer Price Index, bitcoin’s price jumped by $1,500, representing a 2% price improvement for the day.

According to the January 2025 Food Price Outlook, egg prices saw the biggest spike, up 37% year-over-year. When you look ahead, USDA expects outbreaks of highly pathogenic avian influenza (HPAI) to continue to cause egg prices to climb.

The American Institute for Economic Research's Everyday Price Index (EPI), calculated and published monthly, rose 0.12 percent to 288.3 in December 2024. This is the first rise in the index after five consecutive months of declines beginning in July 2024. For the year ending in December, the EPI rose 1.8 percent.

The price of eggs has more than doubled over the past year as avian influenza hits poultry farms across the country.

Trade groups applauded Trump’s desire to make housing and building more affordable, but most of the challenges are local.

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