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Higher Producer Prices in the USA

» Published: 12 September 2024

Higher Producer Prices in the USA
Photo: Ben Margot

Producer prices in the USA rose as expected by 1.7 percent in annual terms in August according to a report from the US Department of Labor.

In July, prices rose by 2.1 percent, according to a revised figure.

In monthly terms, producer prices rose slightly more than expected, by 0.2 percent in August. Analysts had expected 0.1 percent according to Bloomberg's compilation.

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By TTThis article has been altered and translated by Sweden Herald

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