Wholesale prices increased 0.1% in February, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This rise followed a 0.8-percent increase in January and a 1.9-percent decline in December.
At the earlier stages of processing, prices received by manufacturers of intermediate goods decreased 0.9% in February after falling 0.7% in the previous month, and the index for crude materials declined 4.5% following a 2.9-percent decrease in January.
The slower rate of increase in finished goods prices was led by the index for energy goods, which rose 1.3% in February after climbing 3.7% in the preceding month. Capital equipment prices also moved up less, rising 0.1% after increasing 0.5% in January. The index for consumer foods …
Wholesale Prices Rise 0.1% in February
Wholesale prices increased 0.1% in February, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This rise followed a 0.8-percent increase in January and a 1.9-percent decline in December.
At the earlier stages of processing, prices received by manufacturers of intermediate goods decreased 0.9% in February after falling 0.7% in the previous month, and the index for crude materials declined 4.5% following a 2.9-percent decrease in January.
The slower rate of increase in finished goods prices was led by the index for energy goods, which rose 1.3% in February after climbing 3.7% in the preceding month. Capital equipment prices also moved up less, rising 0.1% after increasing 0.5% in January. The index for consumer foods …
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