US producer prices post record drop on tumbling energy costs - Reuters

#Energy

Reuters

US producer prices post record drop on tumbling energy costs Reuters Lower energy prices, against the backdrop of softer global demand and increased shale production in the United States, and a strengthening dollar are dampening domestic inflation prices. The Federal Reserve, which has a 2 percent inflation target ... Wholesale Prices in U.S. Fall in January on Plunge in Energy Jan. MoM PPI -0.8% vs -0.4% Expected; Ex-Food, Energy -0.1% vs 0.1%

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