US producer prices rose 0.5% in December, more than expected, on uptick in services inflation
WASHINGTON (AP) — U.S. wholesale prices rose a hotter-than-expected 0.5% in December.
BLS: US wholesale prices rose 0.5% in December
The Bureau of Labor Statistics on Friday said the Producer Price Index rose by a half percent in December, which raises inflation concerns.
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US producer prices rise more than expected in December
US producer prices rose more than expected in December, according to the Bureau of Labor Statistics, with headline PPI for final demand up 0.5% month‑on‑month.
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