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US: Headline Producer Prices rose below estimates 3.3% YoY in December

The latest data from the Bureau of Labor Statistics (BLS) shows that producer prices climbed 3.3% in December compared to a year earlier.
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GBP/USD Price Forecast: Tumbles below 1.2200 after US PPI data

The GBP/USD plunged below 1.2200 during the North American session following the release of US producer price inflation data, which hinted that prices dipped slightly but close to Wall Street's estimates.
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