Tue, Feb 28th, 2023 - 1:00pm
January 18, 2023 - 6:00pm | By Kyle Cornell
(Washington, DC) -- There are more signs inflation may be cooling off.
The producer price index fell by half-a-percent in December. Analysts were looking for a drop of zero-point-one percent.
The PPI's decline follows a report released last week on the consumer price index.
It went down by zero-point-one percent in December.