Value Investor Research
ECM: US: Wholesale prices rose less than forecast in January
value_investor
Publish date: Fri, 17 Feb 2012, 11:37 AM
Wholesale prices rose less than forecast in January as food and energy costs dropped, a sign inflation pressures may remain subdued. The producer price index rose 0.1% following a 0.1% decrease the prior month. Economists projected a 0.4% gain, according to the median estimate in a Bloomberg News survey. The core measure excluding volatile food and energy rose 0.4%,
more than projected, led by a surge in drug prices. (Bloomberg)
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