Inflation

Deflation: Here’s where prices fell in December 2023, in one chart

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Deflation: Here's where prices fell in December 2023, in one chart

Extreme Photographer | E+ | Getty Images As inflation continues to decline across the US economy, some consumer categories have fallen into outright deflation. In other words: Americans are seeing a decline in the prices of some items. Economists said these declines were largely in physical goods rather than services. Demand for goods surged at … Read more

Wholesale prices unexpectedly fell by 0.1% in December in a positive sign of inflation

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Wholesale prices unexpectedly fell by 0.1% in December in a positive sign of inflation

Wholesale prices unexpectedly fell in December, providing a positive signal for inflation, the Labor Department said on Friday. The producer price index fell 0.1% for the month and was up 1% at the end of 2023 from a year ago, the Labor Department said on Friday. Economists polled by Dow Jones had expected a monthly … Read more