Tuesday, July 17, 2007

U.S. overall producer prices fall in June

(Reuters) - But after stripping out volatile food and energy costs, core prices in June climbed 0.3 percent after gaining 0.2 percent in May. Gasoline prices dropped 3.9 percent, the biggest decline since a 13 percent plunge in January.




Part of the rise in core prices came from higher prices for new cars and trucks. A department official said that excluding cars and trucks, core prices rose 0.1 percent in June.


Read more at Reuters.com Economic News

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