Feb. 16 (Bloomberg) -- Prices paid to U.S. producers declined in January, held down by lower petroleum costs and cheaper cars and trucks. Prices excluding food and energy rose.
The 0.6 percent drop followed a 0.9 percent increase in December, the Labor Department said today in Washington. The so- called core rate, which excludes food and energy costs, rose 0.2 percent for the second consecutive month.
The 0.6 percent drop followed a 0.9 percent increase in December, the Labor Department said today in Washington. The so- called core rate, which excludes food and energy costs, rose 0.2 percent for the second consecutive month.
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