Inflation at the wholesale level posted a surprise decline in February, a sign that painfully high consumer prices are beginning to loosen their stranglehold on the U.S. economy. The Labor ...
U.S. wholesale prices fell 0.1% in February --- the second decline in three months --- hinting at some easing in stubbornly ...
Wholesale inflation took an unexpected dip in February as both prices for goods and services fell, the Labor Department reported on Wednesday. The producer price index fell by 0.1% for the month ...
The wholesale price based inflation eased for the ninth consecutive month to 3.85 per cent in February on easing prices of ...
The wholesale price-based inflation declined to over two-year low of 3.85 per cent in January on easing prices of manufactured items, fuel and power, even though food articles remained expensive.
A significant driver of last month’s wholesale inflation slowdown was a huge drop in the prices of eggs, which plummeted 36.1% just in February. Egg prices had previously surged after a ...
Inflation based on the Wholesale Price Index (WPI) moderated to a two-year low of 3.85% in February from 4.73% in January, with manufactured products’ inflation cooling from 3% in January to a ...
WASHINGTON (AP) — Wholesale price increases in the United States slowed sharply last month as food and energy costs declined, a sign that inflationary pressures may be easing as the Federal ...