U.S. Producer Prices Rose 0.1 Percent In July, Sign Of Modest Inflation

An estimate of U.S. prices ticked up in July, signaling inflationary pressures remain modest across the country's economy. The producer price index for final demand goods and services, those sold for personal consumption, business and government investment and exports, inched up 0.1 percent last month after rising 0.4 percent in June and falling 0.2 percent in May, the Labor Department said Friday.