Investing.com - Producer prices in the U.S. in January were up more than forecast.
The Commerce Department Tuesday said the PPI was up 0.6% in January after a rise of 0.3% in December.
The PPI was forecast to rise 0.3% in the first month of the year.
The PPI was up an annual 1.6% vs. forecast of 1.5% and a rise of 1.6% in December.
Core PPI was up 0.4% MoM against a forecast of a rise of 0.2%, the same figure as in December.