U.S. producer prices unexpectedly fall in February

Written by on March 15, 2023

WASHINGTON, March 15 (Reuters) - U.S. producer prices unexpectedly fell in February and the rise in prices in January was not as large as initially thought, offering some hopeful signs in the fight against inflation.

The producer price index for final demand slipped 0.1% last month, the Labor Department said on Wednesday. Data for January was revised down to show . . .



Current track

Title

Artist