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June PPI, Retail Sales Data Come in Weaker Than Expected

 

(Updated from 8:40 a.m. ET)

The producer price index producerpriceindex for June fell 0.4% and came in weaker than economists expected.

According to Reuters, economists were looking for a decrease of 0.1%.

Excluding the volatile food and energy sectors, the core PPI matched expectations, rising 0.1%, according to data from the Labor Department. ...

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