Producer Prices RISE By 0.1%

Lumber Tree Trunks

ORIGINAL POST: First big US datapoint of the day: June Producer Price Index.

Analysts expect a decline of 0.4%, which would actually be less severe than the decline of 1% in the prior month.

We’ll have the number here LIVE at 8:30 AM ET.

UPDATE:

More inflation than expected.

Producer prices rose by 0.1% vs. an expected decline of 0.4%.

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