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US July PPI up 0.1% mth/mth; up 2.2% yr/yr
Below expectations on monthly basis (Il Sole 24 Ore Radiocor) - New York, 13 Aug - US producer prices rose 0.1%, on an adjusted basis, month on month in July, according to the US Bureau of Labor Statistics.
On an unadjusted basis, prices rose 2.2% for the 12 months ended in July, it said.
Expectations were for a 0.2% increase on the month and a 2.3% rise on the year.
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(RADIOCOR) 13-08-24 14:38:26 (0351) 5 NNNN