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US producer prices unchanged with wholesale inflation remaining under control
The Labor Department reported Wednesday that its producer price index was unchanged last month from May after rising 0.3% the previous month. June wholesale prices rose 2.3% from a year earlier, the smallest year-over-year gain since September. Both measures came in below what economists had expected.
Factory-gate prices held steady in June, surprising economists. The producer-price index was flat last month, the Labor ...
June’s flat PPI signals easing wholesale inflation as rising goods prices are offset by cooling service costs.
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
Wall Street braced for another inflation checkup after Tuesday's consumer price reading spurred traders to pare bets on Fed rate cuts in the coming months.
Factory-gate prices held steady in June, surprising economists. The producer-price index was flat last month, the Labor Department said, missing forecasts for a 0.2% rise. The index rose by a revised ...
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