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Producer Price Index: Difference between revisions
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* Core PPI rose 0.1% in June versus expectations for a 0.2% increase. | * Core PPI rose 0.1% in June versus expectations for a 0.2% increase. | ||
* Year-over-year, core PPI rose 2.4% below expectations for a 2.6% increase and also the smallest gain since January 2021<ref>https://www.bloomberg.com/news/articles/2023-07-13/us-producer-prices-rise-at-slowest-pace-in-nearly-three-years?srnd=economics-v2</ref>. | * Year-over-year, core PPI rose 2.4% below expectations for a 2.6% increase and also the smallest gain since January 2021<ref>https://www.bloomberg.com/news/articles/2023-07-13/us-producer-prices-rise-at-slowest-pace-in-nearly-three-years?srnd=economics-v2</ref>. | ||
* Prices for final demand goods were flat in June. | |||
* The increase in PPI can be traced to a 0.2% rise in prices for final demand services<ref>https://www.bls.gov/news.release/pdf/ppi.pdf</ref>. | |||
== References == | == References == | ||