Ppi August 2024. Just one day after august’s disappointing consumer price index report triggered a meltdown on wall street, a separate inflation report indicated. However, the monthly increase of 0.3% was the highest since august 2023, bls data shows.
The hot ppi report comes two days after a similar trend was seen in the february consumer price index, a closely watched gauge of inflation at the retail level. The producer price index (ppi) measures the change in the price of goods sold by manufacturers.