Wholesale prices rise 0.3%, but inflation not the worry now
By MARTIN CRUTSINGER, AP Economics Writer
Published: November 13, 2020, 8:29am
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WASHINGTON — U.S. wholesale prices rose moderately in October as food costs jumped by the largest amount in five months.
The Labor Department reported Friday that its producer price index, which measures inflation pressures before they reach the consumer, increased 0.3% last month, slightly lower than the 0.4% gain in September.
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