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12-Month Wholesale Inflation Reaches 4-Year High Despite October Slowdown

The Producer Price Index (PPI) for final demand rose 0.3% in October after advancing 1.4% in September and 0.4% in August, the Bureau of Labor Statistics (BLS) said in a Friday (Nov. 13) press release. The October advance was driven by prices for final demand goods, which increased 0.5%. Prices for final demand services rose 0.2%, according to the release. Over […] The post 12-Month Wholesale Inflation Reaches 4-Year High Despite October Slowdown appeared first on PYMNTS.com.

By PYMNTS

1 min read
12-Month Wholesale Inflation Reaches 4-Year High Despite October Slowdown
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