U.S. producer prices rise to 6-year high in 2017

• January 11, 2018
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance

U.S. wholesale prices rose in 2017 at the fastest pace in six years, a buildup in inflation that could push the Federal Reserve to raise interest rates more aggressively unless it lets up. The producer price index increased 2.6% last year, even after a small decline in December. The PPI dipped 0.1% last month. The core PPI rose 0.1% in December, however.