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USA: fall in producer prices in July, for the first time in two years

(AOF) – In the United States, producer prices fell by 0.5% in July over one month. Economists were expecting an increase of 0.2% after +1% in June (revised from +1.1%). They are back for the first time in two years. Over one year, producer prices rose by 9.8% against a consensus of +10.4% after +11.3% in June.

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