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Producer prices remain tame

Producer prices remain tame  – by New Deal democrat Producer prices for final demand (blue) rose 0.1% in July, while upstream raw commodity prices (red) rose 0.7%, close to their highest monthly increases in the past two years: In the larger pre-pandemic scheme of things, the one month rise in commodity prices is not a matter of concern at this point. On a YoY basis, final demand producer prices are up 2.2%, while raw commodity prices...

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