U.S. Producer Prices Climb In Line With Estimates In December
WASHINGTON (dpa-AFX) - U.S. producer price growth came in line with economist estimates in the month of December, the Labor Department revealed in a report on Friday.
The Labor Department said its producer price index for final demand rose by 0.3 percent in December after climbing by 0.4 percent in November.
Excluding food and energy prices, core producer prices edged up by 0.2 percent in December after rising by 0.4 percent in November. Core prices had been expected to inch up by 0.1 percent.
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