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Wholesale Inflation Comes in Hot‚ With Energy Costs the Culprit
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Wholesale Inflation Comes in Hot‚ With Energy Costs the Culprit

Rising energy prices are putting a damper on the slowing inflation narrative as wholesale costs rose 0.6% in February‚ double the expectation‚ the Bureau of Labor Statistics reported on Thursday.     On an annual basis‚ the producer price index increased by 1.6%‚ well above the 1.2% forecast and the largest year-over-year gain since September. “Nearly 70 percent of the broad-based rise in February can be attributed to the index for final demand energy‚ which...
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