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The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
US stock futures hovered around the flatline as Wall Street awaited another pulse check on inflation after Tuesday's tepid ...
The consumer price index, a main gauge of inflation, climbed 0.4 percent in July compared with the previous month, reversing a 0.1 percent drop in June and exceeding the average seasonal pace of 0.3 ...