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U.S. Producer Prices Unexpectedly Decrease Amid Sharp Drop In Gas Prices

Por: RTTNews Business November 15, 2023

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On the heels of yesterday's report showing consumer prices were unchanged, the Labor Department released a separate report on Wednesday showing an unexpected decrease in U.S. producer prices in the month of October.The Labor Department said its producer price index for final demand fell by 0.5 percent in October after climbing by a revised 0.4 percent in September. Producer prices were expected to inch up by 0.1 percent compared to the 0.5... + full article



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