- Prior +0.2%
Looking at the breakdown, there were increases in the price for intermediate goods (+0.2%) and energy (+0.5%). Besides that, the price for capital goods and durable consumer goods were flat on the month. Meanwhile, the price for consumer goods in general fell by 0.1% in July. If you strip out energy, producer prices were seen up 0.1% compared to June.
This article was written by Justin Low at www.forexlive.com.
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