Wall Street Journal (09/11/15) Anna Louie Sussman; Jeffrey Sparshott
The producer price index was unchanged in August after rising 0.2% in July, according to the U.S. Department of Labor, suggesting inflation is muted amid declining oil prices. Excluding the energy and food categories, core prices increased 0.3% in August, on pace with the previous two months. Economists polled by the Wall Street Journal had forecast overall prices would decline 0.1% and core prices would increase 0.1%.
On a year-to-year basis, overall producer prices declined 0.8% in August from a year ago, while core prices rose 0.9%.
Producer prices for services increased 0.4% from July to August, but prices for goods declined 0.6%, largely due to lower gasoline prices.
Say Goodbye to Mundane Tasks and Hello to Efficiency
Are you accustomed to using a plethora of resources to recruit the right candidates? Our research shows that the average firm spends around five hours logging in and out of systems to source candidates to fill one job. We’re excited to announce the next level in candidate sourcing: CareerBuilder Talent Discovery, a platform that has everything in one place. Stop by CareerBuilder’s booth next week at Staffing World to learn more—Booth 813 in the expo hall.