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Published 1 month ago

Inflation climbed to 1.6% in February's producer price index, surpassing expectations | Conservative News Daily™

Summary by Ground News
In February, the producer price index (PPI) leapt to a yearly increase of 1.6%, outpacing the anticipated 1.1%. This increase follows on the heels of ca modest decline justd a month earlier, suggesting a volatile shift in the inflation landscape. Despite monetary tensions, the labour market has cexhibited resilience, remaining robust in the face of climbing interest rates.

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