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U.S. Producer Prices Dropped in February
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U.S. supplier prices fell in February from a month earlier, a possible sign of a recent easing in inflationary pressures.
The producer-price index, which generally reflects supply conditions across the economy, fell 0.1% in February from the prior month, compared with a downwardly revised 0.3% increase in January, the Labor Department said Wednesday. That compared with a 0.2% average monthly rise in the two years before the pandemic.
Read more on wsj.comAbout this in other media
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