Thu, 14 Aug 2025 14:30:05 GMT
Producer Price Index rises significantly
In July, the U.S. Producer Price Index (PPI) for final demand rose by 0.9%, the biggest monthly increase this year. That's a sharp jump compared to June, when prices were flat, and May, which saw a 0.4% rise. Over the past year, the index increased by 3.3%, the highest 12-month gain since February.
The main driver of July's rise was