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🇺🇸U.S. July PPI Posts First Negative Print Since April 2020

Writer's picture: Rosbel DuránRosbel Durán
  • U.S. July producer prices surprised to the downside, PPI M/m came at -0.5% vs. the consensus of 0.2%. The Y/y headline softened to 9.8% from 11.3%

  • Yesterday, the docket saw July consumer prices, the M/m print was mildly negative and showed the first deceleration in prices since May 2020


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