Workflow
Wholesale prices rose 0.9% in July, much more than expected
CNBC Televisionยท2025-08-14 12:53

We're a couple seconds away, folks, from our July release of the producer price index. Headline number is whoppingly big. Oh my goodness.Up 9/10 of a percent. Up 9/10. And if you strip out food and energy, guess what.It's still up 9/10. Boy, uh that equals June of 22. You're March of 22 on the headline to find a bigger number on the core number.uh that would comp uh March of 22 since we've had a number of that magnitude when it was 1.2%. These are kind of COVID distorted numbers. Now let's look at X food, e ...