June All-Items PPI Soars 1.8%, Core restricted at 0.2%
The U.S. Labor Department’s seasonally-adjusted core degree
of producer price inflation grew at 0.2% month-over-month in
June, the same pace as the preceding month, while the headline degree
moved up by 1.8%, four-tenths higher than consensus.
From a year ago, the core degree of producer price inflation
3.0%, two-tenths lower than expectations and the same pace as…
Original post by Mortgage News Daily - Mortgage And Real Estate News
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