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Slight Uptick in U.S. Producer Prices Despite Lower Service Costs
U.S. producer prices recorded a slight increase, mainly due to reduced costs in services like air travel. The 0.1% rise in the producer price index followed a previous drop. Expected inflation might rise later in the year as tariff impacts become apparent,
US producer prices holds at 2.6% in May; wholesale prices rose 0.1% from April, Fed seen staying cautious on rate cuts
US producer prices saw a modest rise in May, signaling that inflation remains under control despite ongoing trade tensions. The Producer Price Index i
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Another inflation report underlines the strength of the US economy before Trump’s tariff chaos
Economists were expecting monthly prices to rise by 0.2% and ... Egg prices paid to producers also dropped, reflecting some of the wholesale price declines that the US Department of Agriculture ...
Aluminum and steel tariffs spark rise in secondary production, price divergence
US tariffs on steel and aluminum were doubled, but the metal markets appear to have quickly absorbed the impact. Aluminum prices on the LME have already fully rebounded to approximately $2,440 per ton after a brief dip.
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