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Producer Prices Rise Most Since 2014 After Jump In Gasoline, Investment Advisory Costs

Following the unexpectedly hot Chinese inflation data, where PPI posted its first annual increase since March 2012, moments ago the BLS reported that like in China, US wholesale prices also rose more than the 0.2% expected, up 0.3% in September, following an unchanged print the prior month. Over 75% of the jump was driven to an increase in goods prices. On an annual basis, the final demand index increased 0.
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