Wholesale prices post unexpected decline of 0.1% in February; retail sales fall

Summary by Ground News

Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates.

Published 3 months ago · Washington, United States

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Associated Press News

Retail sales dip 0.4% in February after buying burst in Jan.

America’s consumers trimmed their spending in February after a buying burst in January, underscoring the volatility of the economic environment. The government said Wednesday that retail sales slipped 0.4% after

3 months ago·United States

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abc News

US wholesale inflation fell last month on lower food costs

Wholesale price increases in the United States slowed sharply last month as food costs declined, a sign that inflationary pressures may be easing

3 months ago·United States

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CNN

Key inflation measure shows wholesale prices fell last month

A key measure of inflation fell dramatically in February, according to the latest Producer Price Index, which tracks what America's producers get paid for their goods and services.

3 months ago·Atlanta, United States

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The Washington Post

US wholesale inflation fell last month on lower food costs

Wholesale price increases in the United States slowed sharply last month as food costs declined, a sign that inflationary pressures may be easing

3 months ago·Washington, United States

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CNBC

Wholesale prices post unexpected decline of 0.1% in February; retail sales fall

The producer price index was expected to increase 0.3% in February, according to Dow Jones estimates.

3 months ago·United States

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KRDO

US wholesale inflation fell last month on lower food costs

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Wholesale price increases in the United States slowed sharply last month as food costs declined, a sign that inflationary pressures may be easing. From January to February, the government’s producer price index fell 0.1%, after a 0.3% rise from December to January, which was revised sharply lower. Compared with a year ago, wholesale prices rose 4.6%, a big drop from the 5.7% annual inc…

3 months ago·Colorado Springs, United States

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