Food, Energy Prices, ‘While Still High,’ Decline More Than Expected

IMG_5629

At a glance

  • Prices for wholesale goods and services fell sharply in December, providing another sign that inflation, while still high, is beginning to ease.
  • The producer price index, which measures final demand prices across hundreds of categories, declined 0.5% for the month, the Labor Department reported Wednesday. Economists surveyed by Dow Jones had been looking for a 0.1% decline.

Top News Stories

You May Like: