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Eggs and other wholesale prices decline, PPI shows, and hint at easing inflation

Economic Report Last Updated: March 15, 2023 at 8:57 a.m. ET First Published: March 15, 2023 at 8:36 a.m. ET Producer price index falls 0.1% in February Customers shop for eggs in Austin, Texas. Wholesale egg prices are finally declining after a huge surge last fall Brandon Bell/Getty Images The numbers: U.S. wholesale prices fell

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Economic Report

Producer price index falls 0.1% in February

Customers shop for eggs in Austin, Texas. Wholesale egg prices are finally declining after a huge surge last fall

Brandon Bell/Getty Images

The numbers: U.S. wholesale prices fell 0.1% in February — the second decline in three months — and hinted at some easing in stubbornly high inflation.

Economists polled by The Wall Street Journal had forecast a 0.3% increase in the producer price index. Wholesale costs often herald future inflation trends.

In January, producer prices were…

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