The Traderszone Network

Published in TZ Latest News 13 March, 2015 by The TZ Newswire Staff

Weak profit margins dampen U.S. producer inflation

U.S. producer prices fell in February for a fourth straight month, pointing to tame inflation that could argue against an anticipated June interest rate hike from the Federal Reserve. The Labor Department said on Friday its producer price index for final demand declined 0.5 percent as profit margins in the services sector, especially gasoline stations, were squeezed, and transportation and warehousing costs fell.

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