WRAPUP 2-U.S. core producer price jump biggest in 6 years

Newswire

By Tim Ahmann WASHINGTON, Feb 18 (Reuters) - U.S. producer prices, excluding food and energy, shot up at their fastest pace in six years in January as tobacco, auto and alcohol costs spiked, the government said on Friday in a report that fanned inflation fears. A separate report showing U.S. consumer sentiment softened this month did little to temper financial market worries over inflation and profits fueled by the broad-based price gains. U.S. government bond prices plunged, the ...

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