Wholesale Prices in U.S. Were Little Changed in August
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Wholesale prices in the U.S. were little changed in August from the prior month, restrained by a plunge in energy costs and a sign of limited inflation in the production pipeline.
The producer-price index was unchanged, matching the median forecast in a Bloomberg survey of economists, after a 0.1 percent rise the prior month, a Labor Department report showed today in Washington. Over the past 12 months, wholesale prices rose 1.8 percent. The PPI excluding food and energy rose 0.1 percent from a month earlier.