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10.07.2020 / 15:55

US wholesale prices fell 0.2% in June as food costs plunged

WASHINGTON – U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.The Labor Department said the drop in its Producer Price Index, which measures inflation pressures before they reach consumers, followed a 0.4% gain in May.

Usa Washington pandemic economy Department Coronavirus

US wholesale prices rise 0.4% in May led by food and energy

WASHINGTON – U.S. wholesale prices rose 0.4% in May, led by a gains in the cost of food and energy.The Labor Department said Thursday that its Producer Price Index, which measures inflation pressures before they reach the consumer, showed an increase after three straight months of declines.

Usa Washington virus outbreak Department

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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