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U.S. Producer Prices Rise Further in October

This post was originally published on this site.

The producer price index rose 0.3% in October from a year ago after an upwardly revised 1.4% increase in September, according to the U.S. Department of Labor. Economists polled by Reuters had forecast an increase of 0.4%.

The increase was driven by a 0.5% rise in goods, mostly food

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