- Prior -0.1%
Looking at the breakdown, producer prices were down 0.3% on the month and that is slightly offset by a 0.1% increase in import prices. As a whole though, producer and import pries are down 0.9% compared to July last year but it owes mostly to the latter. Producer prices are seen flat year-on-year while import prices are down 2.8%.
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This article was written by Justin Low at investinglive.com.