
the staff of the Ridgewood blog
Washington DC, The Producer Price Index for final demand fell 0.2 percent in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This decrease followed a 0.4-percent increase in May
and a 1.3-percent decline in April. (See table A.) On an unadjusted basis, the final demand index moved down 0.8 percent for the 12 months ended in June.
Continue reading Producer Price Index Declines Suggests Inflation Under Wraps