The U.S. Department of Labor‘s Producer Price Index for finished goods fell by 0.1 percent in December.
The decrease followed a 3.2 percent increase in November and a 0.1 percent increase in October.
Prices for finished goods other than food and energy rose 0.2 percent in December compared to a 0.4-percent increase in November. Partially offsetting the downturn in the finished goods index, prices for finished consumer foods increased 1.3 percent following no change in November, the department said.
