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U.S. Producer Prices Rose 0.1% in July

Wall Street Journal (08/15/14) Ben Leubsdorf; Jonathan House

The producer-price index rose a seasonally adjusted 0.1% in July from June, according to the U.S. Department of Labor, an indication that inflationary pressures remain restrained. Economists polled by the Wall Street Journal had forecast a 0.2% increase. Excluding the volatile food and energy categories, producer prices increased 0.2%. Meanwhile, prices for services increased 0.1% in July after rising 0.3% in June.