PPI Report: Wholesale Inflation Falls 0.1% In August
Synopsis
The producer price index, which is a gauge of prices that producers get for their goods and services in the open market, edged lower by 0.1% in August.
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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