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Wholesale prices show first drop in almost a year on lower gas prices, but inflation still too high
Bearish
-55.0
−100 Bearish
0
+100 Bullish
Wholesale prices fell in June for the first time in 10 months largely due to lower gas prices, but it’s unclear if the recent slowdown in inflation will persist in light of renewed hostilities between the U.S. and Iran.
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Sentiment Signal
Bearish
-55.0
−100Neutral+100
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