US producer prices decline in July

Economies.com
2022-08-11 12:44PM UTC

US producer prices fell 0.5% in July, compared to a 1.1% rise in June, while analysts expected a 0.2% rise, while core prices rose 0.4%. 

 

On a yearly basis, producer prices rose 9.8%, slowing down from 11.3%, while core prices rose 7.6%, also slowing down from 8.2%.

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