US Producer Inflation Hits 3-Year High in July | Rising Costs & Economic Impact
In July, US producer inflation surged to its highest level in three years, signaling escalating costs at the wholesale level. This sharp rise highlights intensified...
The US producer price index rose 0.9 percent in July, after a flat reading in June, government data showed. US producer price inflation bounced in July to its highest reading since 2022, data showed Thursday, as policymakers seek to gauge effects from President Donald Trump’s tariffs. The advance, which was markedly larger than analysts expected,...