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Producer Price Index: Wholesale Inflation Hotter Than Expected In July
The producer price index (PPI) for final demand rose 0.9% month-over-month after a flat reading in June. Core PPI, which excludes food and energy prices, rose 0.9% month-over-month after a flat reading in June. In July, the PPI for finished goods rose 0.5% month-over-month, up from 0.4% in June.
While the overall reading on consumer prices was steady, a measure excluding food and energy categories rose to 3.1%.
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July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
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The consumer price index rose 2.7% in July on an annual basis. There's some evidence tariffs are putting upward pressure on ...
India's retail inflation rate dropped to its lowest level in eight years, as falling food prices, especially vegetables and ...
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