U.S. Producer Price Index Down 0.5% In June
U.S. producer price index fell 0.5% in June vs. -0.1% consensus and 0.3% fall in May. Food & energy taken out U.S. producer price index rose 0.1% in June. The consensus was at 0.1%, prior reading at 0.2%.
Chart 1. U.S. Producer Price Indexes