U.S. Producer-Price Index Posts First Decline in Two Years

U.S. Producer-Price Index Posts First Decline in Two Years

Assessment

Interactive Video

Business

University

Hard

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The video discusses the Producer Price Index (PPI) changes, highlighting a slight decrease when excluding food and energy. Experts analyze the data, noting unexpected rises in food and energy prices, and the impact of tariffs on transportation and warehousing. The service industry shows a decline, affecting overall inflation rates. Steel prices are also discussed in relation to tariffs. The video concludes with insights into general inflation trends, noting minimal inflation creation currently.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the final demand reading compare to the previous June reading?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the change in the producer price index on a month-on-month basis when food and energy were backed out?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage increase in energy prices mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did steel tariffs have on producer prices according to the discussion?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the producer price index (PPI) indicate about inflation at the moment?

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