More encouraging inflation data
from First Move with Julia Chatterley Hosted by CNN Podcasts
The Producer Price Index, considered a benchmark inflation figure, rose at an annual rate of 9.8% year-over-year in July. While that's still very high, it's significantly lower than the 11.1% increase in June. Combine that with a 0.5% drop in wholesale prices last month and there's reason for optimism that inflation may finally be softening. To learn more about how CNN protects listener privacy, visit cnn.com/privacy
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This episode was published on August 11, 2022.
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