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Producer prices fell in December

By Washington Examiner
Published January 19, 2023 12:55pm ET
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Producer prices fell in December
Louisiana energy producers, like this Exxon Mobil refinery in St. Bernard Parish, La., have been hit by federal regulations. (AP Photo/Gerald Herbert) | Gerald Herbert

(The Center Square) – The U.S. Bureau of Labor Statistics’ released its latest Producer Price Index data Wednesday which showed prices dropped 0.5% in December after rising 0.4% in October and 0.2% in November.

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Economics Gas index funds Inflation