US July PPI Shows Slight Increase
According to Odaily, the Producer Price Index (PPI) in the United States for July showed a monthly increase of 0.1%, falling short of the expected 0.2%. The previous month's rate was also 0.2%. On an annual basis, the PPI rose by 2.2%, which was below the anticipated 2.3%. The previous year's rate was revised from 2.6% to 2.7%.