U.S. wholesale inflation slowed further in December to 6.2%

Associated Press

01/18/2023

Producer Prices — WHOLESALE PRICES in the United States rose 6.2% in December from a year earlier, a sixth straight monthly slowdown and a hopeful sign that inflation pressures will continue to cool. The latest year-over-year figure was down from 7.3% in November and from a recent peak of 11.7% in March. / ASSOCIATED PRESS FILE PHOTO / MATT SLOCUM

WASHINGTON (AP) – Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful sign that inflation pressures will continue to cool. The latest year-over-year figure was down from 7.3% in November and from a recent peak of 11.7% in March. On a monthly basis,…

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