U.S. Producer Prices Climb 0.5% In January, More Than Expected

The Labor Department released a report on Friday showing producer prices in the U.S. increased by more than expected in the month of January.

The report said the Labor Department's producer price index for final demand climbed by 0.5 percent in January after rising by a downwardly revised 0.4 percent in December.

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by RTTNews Staff Writer

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