( ) -q-24- UNDATED (Correspondent Jeremy House) “continued to ease.” Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier. [CutID: <Cuts> WHOLESALE-PRICES-house-q-FRIam.mp3 Time: 24s Title: WHOLESALE-PRICES-house-q-FRIam Out-cue: continued to ease] TAG: Correspondent Jeremy House reporting. Excluding food and energy prices, which tend to bounce around from month […]
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Wholesale inflation picked up in June amid ongoing price pressures
( ) -q-24- UNDATED (Correspondent Jeremy House) “continued to ease.”
Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier.
[CutID: <Cuts> WHOLESALE-PRICES-house-q-FRIam.mp3
Time: 24s
Title: WHOLESALE-PRICES-house-q-FRIam
Out-cue: continued to ease]
TAG: Correspondent Jeremy House reporting. Excluding food and energy prices, which tend to bounce around from month to month, so-called core wholesale prices were up 0.4% from May and 3% from June 2023.
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VERBATIM: The government’s producer price index — which tracks inflation before it reaches consumers — rose 0.2% from May to June after being unchanged the month before. It’s a sign that some inflation pressures remain elevated. The increase, the sharpest year-over-year increase since March 2023, comes at a time when other price indicators are showing that inflation has continued to ease.