📈🇺🇸 US Producer Prices Rise 0.3% in July from June, signaling increased inflationary pressures. The US Bureau of Labor Statistics reported a 0.8% increase in the last 12 months, surpassing expectations. Core PPI also edged up by 0.3% in July, slightly above estimates, marking a 2.4% year-on-year increase. #Inflation #EconomicIndicators