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September 11, 2020

Wholesale prices rise 0.3% in August

WASHINGTON (AP) — U.S. wholesale prices rose 0.3% in August, just half the July gain, as food and energy prices decline.

The Labor Department said Thursday that the August advance in the producer price index — which measures inflation before it reaches consumers — followed a 0.6% surge in July which was the biggest monthly gain since October 2018.


 
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