Inflation Crows Louder

  • The producer price index was expected to increase 0.4% in January, according to economists surveyed by Dow Jones.
  • The producer price index, a measure of what raw goods fetch on the open market, rose 0.7% for the month. Economists surveyed by Dow Jones had been looking for an increase of 0.4% after a decline of 0.2% in December.
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