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Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight monthly slowdown and a hopeful sign that inflation pressures will continue to cool WASHINGTON ...
Wholesale prices fell 0.5 in December, outpacing an expected decline of 0.1 percent, as inflation continues its six-month ...
Wholesale price growth cooled off significantly ... The Producer Price Index — a key inflation metric that measures prices paid for goods and services by businesses before they reach consumers ...
Inflation at the wholesale level declined more than expected in December, the latest sign that painfully high consumer prices are finally beginning to loosen their stranglehold on the U.S. economy.
Jan. 18 (UPI) --Wholesale Producer Price Index inflation dropped by 0.5% in December. According to the U.S. Bureau of Labor Statistics, PPI inflation was 6.2% in 2022 compared to 10% in 2021.
The numbers: U.S. wholesale prices sank 0.5% in December mostly due to cheaper food and gasoline, extending a string of low readings and adding further proof that high inflation is fading. It was the ...
Nonetheless, year-over-year price inflation in December remained near ... Prior to 1978, the index was known as the Wholesale Price Index. In December, year-over-year PPI growth came in at 6.2 ...
The producer price data can provide an early sign of where consumer inflation might be headed. The data reflects the prices ...
The wholesale price index (WPI)-based inflation had been in double digits for 18 months in a row till September.
WASHINGTON — Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful sign that inflation pressures will continue to cool.
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