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PPI hits pause in June: cooling services offset rising goods, easing pressure on Fed

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    Posted by Two Blokes Wed at 5:00 PM - Filed in General - #TwoBlokesTrading  - 0 views
    US PPI data stayed unchanged in June, marking a surprising pause in inflation after a 0.3% rise in May. The latest Producer Price Index (PPI) data from the Bureau of Labor Statistics came in softer than expected, with economists forecasting a 0.2% uptick.