Producer price index up 0.3% in July


Producer price index up 0.3% in July – CBS News

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Wholesale prices increased three-tenths of a percent for the month of July, according to a report from the Bureau of Labor Statistics. This comes a day after the consumer price index report showed prices rose by two-tenths of a percent last month. Hope King, senior business reporter for Axios, joined CBS News to talk about what those numbers mean for consumers and the economy.

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