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  • 4 months ago
Wholesale prices fell unexpectedly in August, easing concerns of a tariff-driven spike in supplier costs, according to ABC News. Producer prices dropped 0.1% in August, partially reversing July’s sharp increase, according to the Bureau of Labor Statistics. Trump’s tariff escalations have made monthly wholesale-price data a key gauge of potential cost pass-through to consumers. Producer prices jumped 0.9% in July, raising inflation fears, but August’s decline may ease concerns ahead of Thursday’s consumer price report. Wholesale prices rose 2.8% year-over-year through August, the largest annual increase since March.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Wholesale prices fell unexpectedly in August, easing concerns of a tariff-driven spike in
00:08supplier costs, according to ABC News. Producer prices dropped 0.1% in August,
00:14partially reversing July's sharp increase, according to the Bureau of Labor Statistics.
00:19Trump's tariff escalations have made monthly wholesale price data a key gauge of potential
00:24cost pass through to consumers. Producer prices jumped 0.9% in July, raising inflation fears,
00:31but August's decline may ease concerns ahead of Thursday's Consumer Price Report.
00:36Wholesale prices rose 2.8% year-over-year through August,
00:39the largest annual increase since March. For all things money, visit Benzinga.com.
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