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U.S. Producer Prices Unexpectedly Edge Down 0.1% In December

Por: RTTNews Business January 12, 2024

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Producer prices in the U.S. unexpectedly edged slightly lower in the month of December, according to a report released by the Labor Department on Friday.The Labor Department said its producer price index for final demand slipped by 0.1 percent in December, matching a revised dip in November.Economists had expected producer prices to inch up by 0.1 percent compared to the unchanged reading originally reported for the previous month.Meanwhile, the... + full article



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