The producer price index for final demand was up ... coming in below the expected 3.8% growth. Below is a chart of the historical series with a callout to the most recent 12 months.
Where prices did climb — warehousing and transportation — points to an inventory build. Upcoming CPI will make the inflation picture clearer.
A column chart titled "Monthly change in US Producer Price Index" that tracks the metric over the past year. Input prices rose 0.2% in December. Stocks on Wall Street were trading mostly lower.
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before.
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday showed wholesale inflation rose 0.2% in December on a monthly basis ...
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before.