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U.S. Producer Prices Up 0.2% in July

Wall Street Journal (08/14/15) Jeffrey Sparshott; Kate Davidson

The producer price index increased for the third consecutive month in July, a sign inflation has stabilized following months of historically weak readings. The producer-price index rose a seasonally adjusted 0.2% in July after climbing 0.4% in June, according to the U.S. Department of Labor. Core prices, which exclude food and energy, rose 0.3%. Economists polled by the Wall Street Journal had forecast overall and core producer prices would rise 0.1%.