Companies are getting hit by rising prices, just like consumers
Piaţa de capital
A closely watched inflation indicator ticked up unexpectedly in December, stoking concerns that consumers and the U.S. economy continue to face challenges from rising prices. The Producer Price Index, which measures changes in U.S. wholesale prices paid by businesses, increased by 0.5% in December, according to data released Friday by the U.S. Bureau of Labor Statistics. December’s data marks the index’s highest rate in the last three months. The jump can be largely attributed to a 0.7% rise in
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