Click here to get this article in PDF
Upstream price pressures roared back in July, according to Thursday’s Producer Price Index (PPI) release from the Bureau of Labor Statistics. The headline PPI for final demand leapt 0.9 percent after a flat reading in June. Year-over-year, producer prices are now 3.3 percent higher, the largest 12-month increase since February. The data landed just 2 […]
The post Producer Prices Punch 0.9% Higher in July, Surpassing Consensus Estimates first appeared on SchiffGold.