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Inflation increase: Wholesale prices highest surge in 3 years
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August 14, 2025
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6:47Now PlayingWholesale inflation increased much more than expected in July, raising concerns about a resurgence of inflationary pressures in the economy.
LiveNOW's Mike Pache spoke to Barron's senior writer Nicole Goodkind about the inflation report and what it could mean for a potential interest rate cut.
The Bureau of Labor Statistics on Thursday released the producer price index (PPI) for the month of July, which showed an increase of 0.9% from the prior month and 3.3% from a year ago.
Those PPI figures were much hotter than the forecast of prices rising 0.2% on a monthly basis and 2.5% from last year that was estimated by economists polled by LSEG.
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