Global Economic News

U.S. Producer Prices Rise 0.2% In June, Slightly More Than Expected

Following yesterday's tamer-than-expected consumer price inflation data, the Labor Department released a report on Friday showing producer prices in the U.S. increased by slightly more than expected in the month of June.

The Labor Department said its producer price index for final demand rose by 0.2 percent in June following a revised unchanged reading in May.

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