Wholesale prices shoot up near-record 11.3% in June on surge in energy costs
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The producer price index rose 11.3% from a year ago in June, near the record 11.6% posted in March.
Excluding food, energy and trade, core PPI was up 6.4%. The monthly gain of 0.3% was below expectations.
Jobless claims jumped to 244,000 last week, the highest level since November 2021.
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https://www.cnbc.com/2022/07/14/producer-price-index-june-20…