The Producer Price Index (PPI) reported by the Labor Department Bureau of Labor Statistics.
The Labor Department reported Friday the Producer Price Index (PPI) finds prices at the wholesale level increased 0.3% in December, matching expectations.
Prices for final demand less foods, energy, and trade services inched up 0.1% after gaining 0.2% the month before. In 2016, the index for final demand less foods, energy, and trade services increased 1.7% after a 0.3% gain in 2015.
Prices excluding the volatile food and energy components rose 0.2%. Wall St expected a rise of 0.1%.
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