US PPI rose 0.7% mom in Aug, highest since Jun 2022

<p>US PPI for final demand rose 0.7% mom in August, above expectation of 0.4% mom. That&#8217;s also the largest monthly increase since June 2022. 80% of the rise in PPI is attributable to the 2% mom jump in PPI goods, highest since June 2022, mostly attributable to energy prices which was up 10.5% mom. Prices [&#8230;]</p>
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