U.S. Producer Prices Returned to Upward Path in January

Mony
15
0

WASHINGTON—U.S. producer prices rose in January, the latest sign of building inflation pressure in the economy.

The producer-price index, a measure of the prices businesses charge for their goods and services, rose a seasonally adjusted 0.4% in January from a month earlier, the Labor Department said Thursday. From a year earlier, producer prices advanced 2.7% last month.

The…

Facebook Comments

POST A COMMENT.