U.S. PPI drops to 2.3%, coming in below forecasts

The PPI in the U. S. rose 2. 3% year-over-year in June, falling short of Wall Street’s 2. 7% figure from the month before and sliding under expectations. That’s a soft print for wholesale prices, especially when economists had penciled in a monthly gain of 0. 2%. Instead, the index just sat there flat, according to the Bureau of Labor Statistics […] source: https://www.cryptopolitan.com/u-s-ppi-drops-to-2-3-below-forecasts/