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Stock impact report

U.S. Producer Prices Increased in August by More Than Forecast [Financial Post (Toronto, Ontario, Canada)]

PPG Industries, Inc. (PPG) 
Last ppg industries, inc. earnings: 4/27 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investor.ppg.com
Company Research Source: Financial Post
The producer price index for final demand increased 0.7% from the prior month and 8.3% from a year ago, a fresh series high, Labor Department data showed Friday. Excluding the volatile food and energy components, the so-called core PPI advanced 0.6%, and was up 6.7% from August of last year. Just in time for back to school (knock on wood), life hacks for working mothers Advertisement The median forecasts in a Bloomberg survey of economists called for a 0.6% month-over-month advance in both the overall PPI and the core figure. Advertisement Article content A variety of challenges across the production pipeline — from materials shortages and shipping bottlenecks to rising labor expenses — have driven up costs for producers. Many companies have passed along those additional costs onto consumers through higher prices in recent months, further stoking consumer inflation. The PPI report showed prices for goods increased 1% after a 0.6% gain in the prior month, while the cost Show less Read more
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