US: Producer Prices (Jan) rose 0.9% YoY

FXStreet (Edinburgh) - The Labour Department reported that Producer Prices fell 0.1% YoY during January, missing expectations at 0.2% and down from December’s advance of 0.2%. Over the last twelve months, prices rose 0.9%. Ex food and energy, Producer Prices contracted 0.2% MoM and rose 1.1% YoY.