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Topic

producer price index

Early trade: Dollar edges higher

Early trade: Dollar edges higher

Published 13 Aug, 2021 04:44am
NEW YORK: The US dollar edged higher against a basket of currencies on Thursday, after data showed producer prices...
US producer prices post biggest gain since 2009

US producer prices post biggest gain since 2009

Published 17 Feb, 2021 08:18pm
  • A 1.3% rise in the prices of services accounted for two-thirds of the increase in the PPI. That was the biggest gain since December 2009 and followed a 0.1% drop in December.
  • Slack in the labor market remains excessive, with at least 20 million Americans on unemployment benefits.
US producer prices post biggest gain since 2009

US producer prices post biggest gain since 2009

Published 17 Feb, 2021 08:18pm
  • A 1.3% rise in the prices of services accounted for two-thirds of the increase in the PPI. That was the biggest gain since December 2009 and followed a 0.1% drop in December.
  • Slack in the labor market remains excessive, with at least 20 million Americans on unemployment benefits.
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