The US producer price index for final demand increased 0.3% from December, Labor Department data showed. Residential housing starts decreased 14.8% last month to a 1.3 million annualized rate, the slowest pace since August. Mike McKee reports.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-02-16/us-producer-prices-increased-by-more-than-forecast-in-january
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-02-16/us-producer-prices-increased-by-more-than-forecast-in-january