Posted on 01/12/2024 7:52:14 AM PST by ChicagoConservative27
Jan. 12 (UPI) — U.S. wholesale prices declined to end 2023 but was up overall for the year, according to Bureau of Labor Statistics data released Friday.
The Producer Price Index measure of wholesale inflation, seasonally adjusted, declined 0.1% for December and rose 1% for all of 2023 compared to 6.4% wholesale inflation for 2022.
The Bureau of Labor Statistics said the decline for December was driven by a 0.4% fall in goods prices.
The unadjusted index for final demand goods fell 0.4% in December, the third consecutive decline, according to the BLS.
(Excerpt) Read more at breitbart.com ...
34% does seem to be a hard floor for so many things, doesn’t it?
I took my wife out to one of those expensive restaurants last week, but we left because the ice cream machine was broken.
LOL...nice!
No kidding, especially on top of the other billions wasted. It's bound to catch up.
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