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12 Aug
21:03

Inflation has peaked, suggests US construction economist

Steel mill construction input prices decreased in the US during July, which, in turn, has led a chief economist with the Associated Builders and Contractors (ABC) to suggest that rising inflationary costs may have already peaked. Kallanish gathers from the ABC's analysis of the Bureau of Labor Statistics' (BLS) producer price index that prices for iron/steel, as well as prices paid by contractors in the US for both steel mill and fabricated metal prod…
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