US PPI Monthly Rate 0.2%, Expected 0.10%, Previous Value Revised to 0%
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September 12, 2024
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ChainCatcher News: US PPI Data for August
According to Jin10, the US Producer Price Index (PPI) rose 0.2% in August, exceeding expectations of 0.10%. The previous month's reading was revised down from 0.10% to 0%.
The year-over-year PPI increase was 1.7% in August, falling short of the 1.8% forecast. The previous month's reading was revised down from 2.20% to 2.1%.
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