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1.1% rise in producer prices in June

(CercleFinance.com) – According to the Labor Department, producer prices in the United States rose 1.1% in June compared to the previous month, and 0.3% excluding food, energy and commercial services.

Over the last twelve months, the rise in producer prices stood at 11.3% in raw data in June and at 6.4% excluding food, energy and commercial services, after annual rates of 10.9% and 6.7% observed in the month in May.

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