CHINA TOPIX

Producer Price Gains Could Be Creeping Sign Of Inflation, Says U.S. Labor Department

Lemuel Cacho   |

May 15, 2014 11:59 AM EDT

U.S. producer prices recently posted an increase in April, the largest in one and a half years, according to the U.S. Labor Department. The surge in food prices is seen as a potential sign of possible inflation in the near future.