Unexpected bad news for inflation: Wholesale prices rose in June | CNN Business

Category: Finance

Wholesale price inflation unexpectedly accelerated in June to its highest rate since March 2023, potentially impacting the US economy. Despite recent declines in consumer prices, the Producer Price Index rose, indicating potential future inflation trends.

Keywords: Wholesale price inflation, Producer Price Index, US economy, Consumer prices, Inflation trends

Source: CNN

Update At: 7/12/2024

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