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Wholesale prices rose 0.4% in November, more than expected

  • The U.S. Producer Price Index rose 0.4% in November, exceeding the forecast of 0.2%, according to the latest economic data.
  • This increase indicates that manufacturers are facing higher costs that may lead to increased consumer prices.
  • Annually, PPI rose 3%, marking the largest increase since February 2023.
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58% Center
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