Download - Inflation Rose More Than Expected in Latest Federal Data

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America in Focus

News

Inflation Rose More Than Expected in Latest Federal Data

2023-08-11

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Newly released federal inflation data shows that producer prices rose more than expected. The U.S. Bureau of Labor Statistics released its Producer Price Index, a key indicator of inflation, which showed producer prices rose 0.3% in July and 0.8% over the last 12 months, higher than expected.

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