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U.S. July PPI Growth Reaches Highest Level in Three Years

By: theblockbeats.news|2025/08/14 13:22:13

BlockBeats News, August 14th, driven by the surge in service costs, the U.S. Producer Price Index (PPI) in July hit the highest level in three years. A report released by the U.S. Bureau of Labor Statistics on Thursday showed that the PPI rose by 0.9% from the previous month, following no change in June. The index increased by 3.3% from a year earlier. The index excluding food, energy, and trade services rose by 0.6% from June and was up 2.8% from a year earlier. (FX678)

Ethereum Drops Below $4600

The U.S. weekly initial jobless claims have decreased, indicating a low level of layoffs.