Wholesale Food Prices Fell 0.3% In December, Overall Producer Price Index Gain Was Moderate

Except for a spike in wholesale energy prices, prices at the producer level rose moderately in December, according to the latest Producer Price Index data from the Bureau of Labor Statistics released Jan. 14. The PPI’s “All Foods” index fell 0.3%, the index’s second decline in three months. Unfortunately, the all-foods index spiked 3.4% in…