WASHINGTON (MarketWatch)
U.S. wholesale prices rose a seasonally adjusted 0.1%
in June as higher costs for food, light trucks and appliances offset another
decline in energy costs, the Labor Department said Friday
Excluding the
volatile categories of food and energy, core wholesale prices rose a slightly
faster 0.2%
Economists surveyed by MarketWatch had predicted a 0.2% decrease in
the overall producer price index and a 0.2% gain in the core PPI
Energy prices
fell 0.9% last month
The wholesale cost of food, meanwhile, rose 0.5%, mainly
because of higher meat prices
Over the past year wholesale prices have risen an
unadjusted 0.7%.
Just one year ago, the year-over-year increase stood at nearly
7%.
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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
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