PPI Rises Less Than Expected
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Business & Economics
Inflation watch: Wholesale prices rose 0.2% in December, less than expected
83% Informative
Producer price index rose just 0.2% on the month , less than the 0.4% increase in November .
Core PPI was flat compared to the forecast for a 0.3% rise.
The release is the first of two key inflation readings that likely will figure in to the Federal Reserve's interest rate decision later in January .