Thursday, May 26, 2022
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Producer Price Increases Leveled Off in February

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Suppliers’ price increases plateaued in the first two months of the year as pandemic-related disruptions and strong consumer demand continue to stoke inflation.

The Labor Department on Tuesday said the producer-price index, which generally reflects supply conditions in the economy, rose a seasonally adjusted 0.8% in February from the prior month, slowing from January’s upwardly revised 1.2% increase.


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