Producer Prices Come Blistering Hot, PPI Final Demand Surges Most Since September 2012
by Tyler Durden
ZeroHedge.com
Jul 14, 2016
With market participants expecting US inflation to remain subdued for a long time, moments ago the BLS poured cold water of disinflationary expectations when June Producer Prices came blistering hot, rising 0.5% over the prior month, well above the 0.3% expected, and the highest sequential jump since September of 2012.
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