Fri, 13 Dec 2013 16:09:03 GMT
U.S. wholesale prices unexpectedly decline in November
The producer price index, which measures the prices of finished goods in services from producers' side, dropped in the U.S. by 0.1% in November of this year after a 0.2% slump a month ago. Lower costs for cars and energy pushed the PPI down. At the same time, excluding prices for energy and food, prices were up 0.1% on a