US Producer Price Index up 0.5% in June vs. 0.3% increase expected

Price inflation is accelerating.  Easy money–quantitative easing–is having its effects on prices.  

 

“The Labor Department said Thursday its producer price index for final demand rose 0.5 percent in June, versus analysts’ expectations of 0.3 percent.”

Source: US Producer Price Index up 0.5% in June vs. 0.3% increase expected

This entry was posted in Central banks, Economy, Federal Reserve, Inflation, Interest rates. Bookmark the permalink.

Comments are closed.