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News Wire / economy

US Producer Price Index Surges 6% Year-Over-Year

Bloomberg Radio United States 1h1h Impact 5
The latest producer price index shows a 6% year-over-year surge, driven by food and energy costs. This indicates increased pressure on companies to pass on expenses.

Topics

inflation PPI

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Sources · 7 independent

Bloomberg Radio

“surging last month by 6% year over year, says the latest producer price index . Led by food and energy costs, more pressure on companies to pass”

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