PPI in U.S. climbed up in June…

Friday, 13 July 2012 05:02

The Department of Labor in U.S. informed today that producer price inflation, which describes change in prices of finished goods and services provided by producers climbed up in June.
Index increased by 0.1%, instead of declining by 0.5% as economists forecasted.
Previous month’s reading showed a decrease by 1.0%.
Core PPI excluding food and energy followed in June the same 0.2% rise like in May.