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U.S. producer prices unexpectedly fall in June

運営事務局 JIMOPLE 17 July 10, 2020
Jaeden Milam makes clear acrylic safety shield dividers on a computer-controlled cutting machine at Screaming Images amid the spread of the coronavirus on May 18, 2020 in Las Vegas, Nevada.

U.S. producer prices unexpectedly fell in June as the economy battles depressed demand amid the Covid-19 pandemic.

The Labor Department said on Friday its producer price index for final demand dropped 0.2% last month after rebounding 0.4% in May. In the 12 months through June, the PPI declined 0.8% after decreasing 0.8% in May.

Economists polled by Reuters had forecast the PPI climbing 0.4% in June and falling 0.2% on a year-on-year basis.

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