us producer price index

US Producer Price Index for July 2024

US Producer Price Index for July 2024: Inflation Shows Signs of Easing

By Staff Reporter - Aug 13, 2024 09:30 AM EDT

US Producer Price Index for July 2024: Inflation Shows Signs of Easing. The U.S. Producer Price Index (PPI) rose by a modest 0.1% in July, falling short of expectations. This indicates a potential easing of inflationary pressures, which could influence the Federal Reserve's monetary policy decisions. Read more to understand the implications for the economy and market reactions.

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