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Producer Prices in U.S. Rise 0.7%; Core Rate Up 0.1%

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  • Producer Prices in U.S. Rise 0.7%; Core Rate Up 0.1%

    who'd a thunk?
    Producer Prices in U.S. Rise 0.7%; Core Rate Up 0.1%



    April 22 (Bloomberg) -- Wholesale prices in the U.S. rose more than forecast in March, boosted by higher costs for energy and the biggest gain in food since 1984.
    The 0.7 percent increase in prices paid to factories, farmers and other producers followed a 0.6 percent drop in February, the Labor Department said today in Washington. Excluding fuel and food, so-called core prices rose 0.1 percent for a second month, restrained by cheaper autos and appliances....


    http://www.bloomberg.com/apps/news?p...4KKRlcJY&pos=2
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