AFMC - Producer Price Index: Wholesale Inflation Unexpectedly Rises In June
2024-07-13 01:10:00 ET
Summary
- Wholesale inflation unexpectedly rose last month.
- The producer price index for final demand increased 0.2% MoM (s.a.), more than the expected 0.1% growth.
- The Fed has been in a tightening cycle to tackle high inflation, among other things.
Wholesale inflation unexpectedly rose last month. Here is the latest news release from the Bureau of Labor Statistics....
Producer Price Index: Wholesale Inflation Unexpectedly Rises In June