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U.S. Producer Prices Unexpectedly Decline 0.5% In October

Por: RTTNews Business November 15, 2023

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After yesterday's report showing consumer prices were unchanged, the Labor Department released a separate report on Wednesday showing an unexpected decrease in U.S. producer prices in the month of October.The Labor Department said its producer price index fell by 0.5 percent in October after rising by a revised 0.4 percent in September. Producer prices were expected to inch up by 0.1 percent compared to the 0.5 percent increase originally... + full article



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