Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Wholesale inflation unexpectedly tumbles 0.5% in March By: FOX Business April 13, 2023 at 08:32 AM EDT The Labor Department said Thursday the producer price index tumbled 0.5% in March, evidence that price pressures in the economy are beginning to abate. Inflation at the wholesale level posted another surprise decline in March, the latest sign that painfully high consumer prices are beginning to loosen their stranglehold on the U.S. economy.The Labor Department said Thursday that its producer price index, which measures inflation at the wholesale level before it reaches consumers, fell 0.5% in March from the previous month. On an annual basis, prices are up 2.7%.This is a developing story. Please check back for updates. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Wholesale inflation unexpectedly tumbles 0.5% in March By: FOX Business April 13, 2023 at 08:32 AM EDT The Labor Department said Thursday the producer price index tumbled 0.5% in March, evidence that price pressures in the economy are beginning to abate. Inflation at the wholesale level posted another surprise decline in March, the latest sign that painfully high consumer prices are beginning to loosen their stranglehold on the U.S. economy.The Labor Department said Thursday that its producer price index, which measures inflation at the wholesale level before it reaches consumers, fell 0.5% in March from the previous month. On an annual basis, prices are up 2.7%.This is a developing story. Please check back for updates.