By: Benzinga
Producer Prices for Finished Goods Jump 0.7% in February; Energy to Blame
Reflecting higher energy prices, the Producer Price Index for finished goods increased 0.7% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This follows a 0.2% increase in January and a 0.3% decrease in December. Energy prices increased 3.0% in February. Food prices reversed an earlier increase, with
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