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Quartz·1 min read·easy

Wholesale inflation fell in June for the first time since last summer. Gas prices drove it

Cris Tolomia
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Wholesale inflation, measured by the Producer Price Index, fell by 0.3% in June. This decline was primarily driven by a 12% drop in gasoline prices.

The Producer Price Index for final demand declined 0.3% in June, pulled down by a 12% drop in gasoline prices

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