File - Parts of electric busses are viewed at New Flyer, an electric vehicles manufacturing company, Feb. 9, 2023, in St. Cloud, Minn. On Friday, the Labor Department releases producer prices data for December. (AP Photo/Abbie Parr)
January 14, 2024
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January 14, 2024 midnight
Wholesale inflation in US declined last month, signaling that price pressures are still easing
U.S. wholesale inflation fell for a third straight month in December, further evidence that price pressures in the economy are easing. The government's producer price index — which tracks inflation before it reaches consumers — declined 0.1% from November to December.