Tuesday, 02 January 2024 12:17 GMT

PPI Report: Wholesale Inflation Falls 0.1% In August


(MENAFN- AsiaNet News)

A measure of wholesale prices rose in August, but came in lower than Wall Street estimates, following a rise in July.

The producer price index, a gauge of prices that producers receive for their goods and services in the open market, edged lower by 0.1% in August, after rising 0.9% in July.

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