Wholesale prices fell 1.2% in March, seasonally adjusted, according to the Bureau of Labor Statistics of the U.S. Department of Labor. This decline followed a 0.1% advance in February and a 0.8% increase in January.
At the earlier stages of processing, prices received by producers of intermediate goods fell 1.5% after decreasing 0.9% a month earlier, and the crude goods index declined 0.3% following a 4.5-percent drop in February.
Among finished goods, the index for energy goods turned down 5.5% in March after rising 1.3% in the preceding month. Prices for finished consumer goods less foods and energy inched up 0.1% following a 0.4-percent advance in February. The capital equipment index fell 0.2% in March after moving up 0.1% in the prior month. …
Wholesale Prices Fall 1.2% in March
Wholesale prices fell 1.2% in March, seasonally adjusted, according to the Bureau of Labor Statistics of the U.S. Department of Labor. This decline followed a 0.1% advance in February and a 0.8% increase in January.
At the earlier stages of processing, prices received by producers of intermediate goods fell 1.5% after decreasing 0.9% a month earlier, and the crude goods index declined 0.3% following a 4.5-percent drop in February.
Among finished goods, the index for energy goods turned down 5.5% in March after rising 1.3% in the preceding month. Prices for finished consumer goods less foods and energy inched up 0.1% following a 0.4-percent advance in February. The capital equipment index fell 0.2% in March after moving up 0.1% in the prior month. …
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