U.S. Producer Prices Post Biggest Gain İn More Than A Year

21 February 2020

The Labor Department said on Wednesday its producer price index for final demand jumped 0.5% last month, the largest gain since October 2018, after climbing 0.2% in December.
In the 12 months through January, the PPI advanced 2.1%, the biggest increase since May, after rising 1.3% in December.
Economists polled by Reuters had forecast the PPI gaining 0.1% in January and rising 1.6% on a year-on-year basis. (19.02.2020)
Source: Reuters
Post by : Republic of Turkey Ministry of Trade