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Producer Price Increases Decelerated in December
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wsj.comU.S. supplier price increases decelerated in December to their slowest annual pace since March 2021, adding to signs of cooling inflation.
The producer-price index, which generally reflects supply conditions in the economy, rose 6.2% in December from a year earlier, the Labor Department said Wednesday. That was down from November’s revised 7.3% increase and well below the 11.7% rise in March 2022, the fastest pace since PPI records began in 2010.
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