facebook
twitter
search
search

Producer price gains remain muted

Feb. 16, 2012 at 12:04 PM

WASHINGTON, Feb. 16 (UPI) -- The U.S. Producer Price Index for finished goods rose 0.1 percent in January, while core prices rose 0.4 percent, the Bureau of Labor Statistics reported.

Core prices, which exclude food and energy items, were expected to climb 0.1 percent in the month. Food and energy prices, meanwhile, fell 0.3 percent and 0.5 percent, respectively.

On an annual basis, prices received by producers were up 4.1 percent in January, the lowest annual rate since January 2011.

Related UPI Stories
Latest Headlines
Trending Stories
Chelsea Clinton accidentally calls Bernie 'President Sanders'
Watch every star-studded Super Bowl commercial of 2016
Susan Sarandon responds to Piers Morgan criticizing cleavage
Two Virginia Tech students plotted 13-year-old's death, prosecutors said
Colin Powell, Condoleezza Rice got classified email on private accounts