India, Sept. 10 -- Producer prices in the U.S. increased in line with economist estimates in the month of August, the Labor Department revealed in a report released on Thursday.

The Labor Department said its producer price index for final demand rose by 0.4 percent in August following a revised 0.1 percent uptick in July.

Economists had expected producer prices to climb by 0.4 percent compared to the unchanged reading originally reported for the previous month.

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