Last month, the prices businesses charge for the products they make or the food they grow rose 0.2 percent from May and 2.6 percent year on year, the Bureau of Labor Statistics reported.
Tag: PRODUCER PRICES
EUROZONE BUSINESS ACTIVITY ACCELERATES IN MAY
Business in the 20-country Eurozone was more brisk in May than it has been in a year, the Hamburg Commercial Bank’s purchasing managers index (PMI) showed.
PRODUCER PRICES RISE IN MARCH
The prices factories charge for their products rose 2.1 percent in March from a year earlier, the sharpest monthly increase since last April, The New York Times reported.
GERMANY’S PRODUCER PRICES FALL AT FASTEST PACE ON RECORD
The prices that German manufacturers charge for their goods plunged 14.7 percent in this year’s first nine months, the steepest nine-month plunge since records began being kept in 1949, the government reported.