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02 Feb, Thursday
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Bull Trader USA

Economic Report: Wholesale prices surge again and offer Americans no relief from high inflation

The numbers: Wholesale prices in the U.S. surged again in October and offered little sign that the biggest increase in inflation in decades is going to peter out soon.

The producer price index rose 0.6% last month, the government said Wednesday, matching Wall Street expectations.

The wholesale cost of gas and vegetables both rose sharply…

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