politics @lemmy.world · 2 months ago

Wholesale prices rose 0.9% in July, much more than expected

www.cnbc.com

cross-posted to:
hackernews

Wholesale prices rose 0.9% in July, much more than expected

www.cnbc.com

vegeta@lemmy.world to

politics @lemmy.world · 2 months ago

cross-posted to:
hackernews

The producer price index was expected to show a 0.2% increase for July, according to the Dow Jones consensus estimate.

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vegeta@lemmy.worldOP
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2 months ago
I don’t get why this was more than expected. The market was looking for the tariff shoe to drop eventually.
- ThePowerOfGeek@lemmy.world
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  2 months ago
  Because the people making these absurdly low predictions are Olympic level mental gymnasts.

politics @lemmy.world

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