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Wholesale price inflation slows last month as gas, food costs fall

Wholesale price inflation slows last month as gas, food costs fall
Photo: KSAT 12 (ABC affiliate) · view original

Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead. The Labor Department’s producer price index — which captures inflation before it reaches consumers — rose 4...

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