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Wholesale Prices in February Post Biggest Gain in 5 Months
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FBN’s Robert Gray on the rise in wholesale prices in February.
- Duration 0:52
- Date Mar 15, 2012
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FBN’s Robert Gray on the rise in wholesale prices in February.
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I'm Robert -- with your Fox Business street wholesale prices in February posted the biggest gain in five months.
Producer prices rose four tenths of 1% last month fueled by a spike in energy costs.
Still the number was lower than economists expected it.
The markets are steady following recent gains in -- -- -- US indexes to their highest level since the collapse of investment bank Lehman Brothers in 2008.
Right -- -- dollars and 32 points Green arrows across the board.
And the International Monetary Fund has approved more than 36 billion dollars for Greece over the next four years.
The same time ratings agency Standard and Poor's says the country is still vulnerable to default.
And it's sovereign ratings will remain selective default and believe -- bond exchange asleep next month.
That is the latest from Fox Business -- -- -- power to prop.