Jan. PPI Up 0.1%; Core Rate Up 0.4%

WASHINGTON — The producer price index rose 0.1% in January on a seasonally adjusted basis, while the core rate surged 0.4%, the Labor Department reported Thursday.

The overall increase followed a 0.1% decrease in the index for December.

The core rose 0.3% in December.

Economists expected a 0.4% gain in PPI and a 0.2% core rise.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER