July 2017 Producer Price Index
Submitted by Atlas Indicators Investment Advisors on August 14th, 2017Prices paid by producers and wholesalers declined in July 2017 according to the Bureau of Labor Statistics. Falling 0.1 percent in the period, this is the first contraction since August of last year. In addition to monthly weakness, the year-over-year statistic slowed for a second consecutive month to 1.9 percent from 2.0 percent in June.