US PPI figures jump; inflation picture still “subdued”

19 February 2020

 

Around the end of 2018, the annual rate of prices received by producers began a downtrend which then continued through 2019. Months in which prices picked up suggested the trend may have been coming to an end, only for the trend to continue. It is tempting to suggest the most recent figures represent a change.  The figures from January have been published by the Bureau of Labor Statistics and they...

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