June PPI Misses Forecast by 0.7 Points at 5.5% Year Over Year
The United States Producer Price Index for June registered -0.3% month over month against a consensus forecast of 0.0%, and 5.5% year over year versus an expected 6.2%, marking a downside surprise of 0.7 percentage points on the annual measure. The softer-than-expected PPI followed June Consumer Pri
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