Posted on

Producer Price Index Declines Suggests Inflation Under Wraps

56468286 10219270420215926 3830970837867954176 n

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