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Saturday, Mar 2, 2024

Wholesale inflation takes biggest jump in 6 months

WASHINGTON — Inflation at the wholesale level surged unexpectedly in January, reflecting sharply higher prices for gasoline and other energy products. The Labor Department said Thursday that wholesale prices increased by 0.8 percent last month, the biggest gain since last July and well above the 0.2 percent increase that economists had expected. For the full story click here

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