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U.S. producer prices up slightly, point to moderate inflation

FILE PHOTO: The Stemilt Growers warehouse in Wenatchee
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WASHINGTON (Reuters) - U.S. producer prices rose slightly in June as the cost of energy and other goods dropped for a second straight month, resulting in the smallest annual increase in producer inflation in nearly 2-1/2 years. The report from the Labour Department on Friday also showed a slowdown in underlying producer prices last month, a sign that overall inflation could continue to rise..
Date Published: Jul 12, 2019
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