International Economic

US PPI growth comes in cooler than expected

By Iain Gilbert

Date: Tuesday 13 Aug 2024

(Sharecast News) - US producer prices rose by less than expected in July, according to the Bureau of Labor Statistics.
Producer prices increased 0.1% to 144.67 points in July, up from 144.53 in June but short of preliminary estimates for a 0.2% month-on-month uptick. On an annualised basis, PPI was up...

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