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 accelerates more than expected in January By: FOX Business February 16, 2024 at 08:32 AM EST The Labor Department said Friday the producer price index climbed faster than expected in January, underscoring the difficulty of taming high inflation. The Labor Department said Friday that its producer price index, which measures inflation at the wholesale level before it reaches consumers, jumped 0.3% in January from the previous month. On an annual basis, prices remain up 0.9%.Those figures are both higher than the 0.1% monthly gain and the 0.6% annual figure predicted by Refinitiv economists.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 accelerates more than expected in January By: FOX Business February 16, 2024 at 08:32 AM EST The Labor Department said Friday the producer price index climbed faster than expected in January, underscoring the difficulty of taming high inflation. The Labor Department said Friday that its producer price index, which measures inflation at the wholesale level before it reaches consumers, jumped 0.3% in January from the previous month. On an annual basis, prices remain up 0.9%.Those figures are both higher than the 0.1% monthly gain and the 0.6% annual figure predicted by Refinitiv economists.This is a developing story. Please check back for updates.