Revamped Wholesale Prices in U.S. Increased 0.2% in January
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Producer prices in the U.S. increased in January, led by gains in goods such as food and pharmaceuticals.
The 0.2 percent advance in the producer-price index followed a 0.1 percent rise the prior month, a Labor Department report showed today in Washington. The median estimate in a Bloomberg survey called for a 0.1 percent increase. Over the past 12 months, wholesale prices rose 1.2 percent.