Jaeden Milam makes clear acrylic safety shield dividers on a computer-controlled cutting machine at Screaming Images amid the spread of the coronavirus on May 18, 2020 in Las Vegas, Nevada.
Ethan Miller | Getty Images
U.S. producer prices unexpectedly fell in June as the economy battles depressed demand amid the Covid-19 pandemic.
The Labor Department said on Friday its producer price index for final demand dropped 0.2% last month after rebounding 0.4% in May. In the 12 months through June, the PPI declined 0.8% after decreasing 0.8% in May.
Economists polled by Reuters had forecast the PPI climbing 0.4% in June and falling 0.2% on a year-on-year basis.
This is breaking news. Please check back for updates.
This article was originally published by Cnbc.com. Read the original article here.
This “NEW CONCEPT” Trading Strategy Prints Money!… (INSANE Results!)
RULE-BASED Pocket Option Strategy That Actually Works | Live Trading
