Stocks get boost as U.S. July wholesale prices rose 0.2%; slower than expected
Inflatie
Aug. 13 (UPI) -- July wholesale prices rose slower than expected and inched ever closer to the year-to-year Federal Reserve benchmark, the Bureau of Labor Statistics reported Tuesday. The July producer price index, a key indicator of wholesale inflation, grew by grew by 0.1% in July, the BLS report said. Advertisement The Labor Department said the producer price index minus more volatile sectors of food and energy held steady for the month and core PPI minus food, energy and trade services rose
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