Investing.com - Producer price inflation in the U.S. fell for the third consecutive month in December, while core prices eased up slightly, official data showed on Tuesday.
In a report, the Bureau of Labor Statistics said that producer prices fell by a seasonally adjusted 0.2% in December, compared to expectations for a 0.1% decline, after falling 0.8% in November.
Year-over-year, the producer price index rose at an annualized rate of 1.3% last month, below expectations for a gain of 1.4%. PPI rose at an annualized rate of 1.5% in November.
The core producer price index eased up 0.1% in December, in line with expectations after rising 0.1% in November.
http://www.investing.com/news/central-banks/u.s.-ppi-falls-0.2-in-december;-core-ppi-up-0.1-243052
In a report, the Bureau of Labor Statistics said that producer prices fell by a seasonally adjusted 0.2% in December, compared to expectations for a 0.1% decline, after falling 0.8% in November.
Year-over-year, the producer price index rose at an annualized rate of 1.3% last month, below expectations for a gain of 1.4%. PPI rose at an annualized rate of 1.5% in November.
The core producer price index eased up 0.1% in December, in line with expectations after rising 0.1% in November.
http://www.investing.com/news/central-banks/u.s.-ppi-falls-0.2-in-december;-core-ppi-up-0.1-243052
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