US wholesale inflation rose much more than expected in July
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YouTubeCNN
US wholesale inflation rose much more than expected in July
US inflation on the wholesale level picked up steam in July, with prices rising by the fastest monthly pace since June 2022, new data showed Thursday. The latest Producer Price Index, which measures the average change in prices paid to producers, jumped 0.9% from June, lifting the annual rate to 3.3%, according to Bureau of Labor Statistics ...
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