Economy

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US Producer price inflation continues elevated, all be it off low Covid lockdown bases. Annual PPI rose to 7.8% in July. Biggest price increases were nearly 3/4 due to a 1.1% in services costs, the largest increase since data were first calculated in December 2009.

Inflation

Highlights

US PPI July 2021

  • US PPI Final Demand (Y/Y) Jul: 7.8% (est 7.2%; prev 7.3%)
  • US PPI Final Demand (M/M) Jul: 1.0% (est 0.6%; prev 1.0%)

United States Producer Prices

 United States Producer Prices Change

US Core PPI July 2021

  • US PPI Ex Food, Energy (Y/Y) Jul: 6.2% (est 5.6%; prev 5.6%)
  • US PPI Ex Food, Energy, Trade (Y/Y) Jul: 6.1% (est 5.7%; prev 5.5%)
  • US PPI Ex Food, Energy (M/M) Jul: 1.0% (est 0.5%; prev 1.0%)
  • US PPI Ex Food, Energy, Trade (M/M) Jul: 0.9% (est 0.5%; prev 0.5%)

 United States Producer Prices Final Demand Less Foods and Energy

 

From the Traders Community News Desk

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