Producer price index gets first overhaul since 1978

  • by: Shobhana Chandra , Bloomberg News
  • Updated: February 18, 2014 - 8:20 PM

WASHINGTON – The producer price index has a whole new look. The first major overhaul of the gauge since 1978 more than doubles its reach and provides a more comprehensive view of U.S. inflation at the wholesale level.

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