— Newly released federal inflation data shows that the Producer Price Index, a leading marker of inflation, rose last month.
The U.S. Bureau of Labor Statistics released the data, which showed a 0.1% increase in July, part of a 2.2% increase in the previous 12 months.
Notably, some goods have seen a major increase in the past 12 months, according to the data. Roasted coffee prices have increased 9.1…
