March 17, 2010
PPI Dips In February
By Matthew L. Brown
The Producer Price Index (PPI) declined 0.6 percent in February, according to the U.S. Bureau of Labor Statistics.
The decrease followed a 1.4 percent increase in January and a 0.4 percent increase in December.
On an unadjusted basis, prices for finished goods increased 4.4 percent for the 12 months ended February 2010, their fourth consecutive 12-month increase.
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