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| ©iStock/Khanchit Khirisutchalual |
Also encouraging is that the producer-price index released Wednesday (7/15/26) pointed in the right direction. Wholesale prices fell 0.3% month-on-month in June, firmly on a downward trend after a recent peak in April and again led by energy-price declines. Producer prices are often a harbinger of changes that eventually feed through to CPI.
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