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HomeLive CommentsUS PPI down -0.5% mom in Jul, slowed to 9.8% yoy

US PPI down -0.5% mom in Jul, slowed to 9.8% yoy

US PPI for final demand dropped -0.5% mom in July, versus expectation of 0.2% mom rise. The decrease is attributable to -1.8% mom decline in goods while services rose 0.1% mom. For the 12-months, PPI rose 9.8% yoy, slowed from June’s 11.3% yoy.

Prices for final demand less foods, energy and trade services rose 0.2% mom. For the 12 months, PPI less foods, energy and trade services rose 5.8% yoy.

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