Great News America – Producer Prices Just Fell For the First Time In 11 Months

While not quite as enjoyable for the average joe as consumer prices deflation, Producer Prices fell 0.1% MoM in July – the first ‘deflationary impulse’ since August 2016 . Both goods and services prices fell – with services the biggest driver (which is odd since that’s where all the job growth has been)…

Source: Great News America – Producer Prices Just Fell For the First Time In 11 Months