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U.S. Producer Prices Inch Up Less Than Expected In June, Annual Growth Slows To Just 0.1%

Por: RTTNews Business July 13, 2023

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Following yesterday's tamer-than-expected consumer price inflation data, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also inched up by slightly less than expected in the month of June.The Labor Department said its producer price index for final demand crept up by 0.1 percent in June after falling by a revised 0.4 percent in May. Economists had expected producer prices to rise by 0.2... + full article



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