Wh*lesale Pr*ces F*ll In *ugust – B*at *xpectations

Wholesale declined in August, beating expectations.

Inflation data:

PPI: -0.1% decrease month over month

Expected: 0.3% increase month over month

PPI Core: -0.1% decrease month over month

Expected: 0.3% month over month

CNBC reported:

Wholesale prices surprisingly fell slightly in August, providing breathing room for the Federal Reserve to approve