NEW YORK, Sept. 10 (Xinhua) -- The U.S. Labor Department reported Wednesday the producer price index (PPI) fell 0.1 percent in August, following a downwardly revised 0.7-percent increase in July and below market expectations for a 0.3-percent rise.
On a 12-month basis, the headline PPI increased 2.6 percent, following a 3.3-percent year-on-year increase in July. The August data was lower than the market expectation for a 3.3-percent increase.
