Producer Prices Down

Producer prices fell for the sixth straight month in June, the longest series of declines since the Labor Department began tracking the wholesale number in 1947. Prices for finished goods fell 0.1 percent in June and are declining at a 3.4 percent annual rate, the department report said.

Producer prices fell for the sixth straight month in June, the longest series of declines since the Labor Department began tracking the wholesale number in 1947. Prices for finished goods fell 0.1 percent in June and are declining at a 3.4 percent annual rate, the department report said.