Watch CBS News

Producer price index up 0.3% in July

Wholesale prices increased three-tenths of a percent for the month of July, according to a report from the Bureau of Labor Statistics. This comes a day after the consumer price index report showed prices rose by two-tenths of a percent last month. Hope King, senior business reporter for Axios, joined CBS News to talk about what those numbers mean for consumers and the economy.
Aug 11, 2023 (05:36)
Videos
View CBS News In
CBS News App Open
Chrome Safari Continue