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U.S. wholesale prices dipped 0.1% in August, easing inflation fears despite a 2.8% annual rise.
U.S. wholesale prices fell 0.1% in August, reversing a 0.9% surge in July and defying expectations, according to the Bureau of Labor Statistics.
The drop eased concerns about inflation from President Trump’s recent tariffs, though the 12-month increase in wholesale prices hit 2.8%—the highest since March.
The core producer price index rose 0.3% for the fourth straight month.
Slowing job growth and persistent inflation have raised stagflation fears, prompting Federal Reserve Chair Jerome Powell to signal possible rate cuts.
Upcoming consumer price data will offer further insight.
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Los precios al por mayor de Estados Unidos cayeron un 0.1% en agosto, aliviando los temores de inflación a pesar de un aumento anual del 2.8%.