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

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