Food, Energy Prices, ‘While Still High,’ Decline More Than Expected
View Source | January 18, 2023 8:40 am
Click to read full article
- Prices for wholesale goods and services fell sharply in December, providing another sign that inflation, while still high, is beginning to ease.
- The producer price index, which measures final demand prices across hundreds of categories, declined 0.5% for the month, the Labor Department reported Wednesday. Economists surveyed by Dow Jones had been looking for a 0.1% decline.
Share This Article: