The cot of producing goods fell in December, according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics on Wednesday.

FORBES: PPI Shows Easing Pent Up Inflation, Giving Bernanke More Room

Prices jumped to a higher-than-expected 1.4% in May and core producer prices, which exclude volatile food and energy prices, increased by 0.2%, according to the U.S. Department of Labor's Bureau of Labor Statistics' Producer Price Index.

FORBES: Worst Of Both Worlds