Higher producer prices will feed into consumer prices in USA

17th September 2010, Comments 0 comments

US producer prices rose a modest 0.4 percent in August after a 0.2 rise in July, the US Department of Labor said 16 September, spurred chiefly by higher energy costs, which rose 2.2 percent in August. A survey of 77 economists polled by Bloomberg indicates that consumer prices will have risen by 0.3 percent in ...

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