US wholesale inflation rises 0.4% in August; PPI 5.4% YoY
The producer price index for total final demand rose 0.4% in August, matching economists’ expectations. The index also showed 5.4% year-over-year growth, the Bureau of Labor Statistics reported.
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PPI Inflation Accelerated Last Month
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PPI inflation rises in line with estimates in August reading
S. wholesale inflation matched economists' expectations last month. 4% year over year, the Bureau of Labor Statistics said Thursday.