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The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
Factory-gate prices probably rose in July, economists forecast. The producer-price index likely increased 0.2% from a month earlier, according to economists polled by The Wall Street Journal. The inde ...
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