U.S. PPI Mimicked CPI in August as Core Prices Kept Rising

By Geoffrey Smith  Investing.com —  Factory gate prices stayed strong in August, corroborating a picture of unbroken and broadening inflationary pressure in the U.S. economy. The dipped 0.1% on the month from July, thanks to cheaper gasoline prices reducing freight costs, but less volatile elements of the index rose, pushing the ” price index up …

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