Producer Prices Rose 0.4% in January
Producer prices increased 0.4% in January, seasonally adjusted, after remaining unchanged in December, according to the U.S. Bureau of Labor Statistics. Producer prices rose 2.7% for the twelve months ended January 2017. The index for final demand goods rose 0.7% in January, after increasing 0.1% last month. The index for final demand energy surged 3.4%,