Thursday, July 15, 2010
The Producer Price Index fell by 0.5% in June, but that was mainly due to lower energy prices. Over the past year it is still up 2.7%. The core PPI is up 1% over the past year, and it has risen at a 2% annualized pace over the past six months, which is a definite pickup from the zero increase that occurred over the last six months of 2009.
Posted by Scott Grannis at 7:18 AM