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Wholesale inflation unexpectedly tumbles 0.5% in October, biggest drop in 3 years

Por: Fox Business Business November 15, 2023

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UBS managing director and senior portfolio manager Jason Katz analyzes the October CPI report that shows inflation slowing more than expected on 'Varney & Co.' Inflation at the wholesale level posted a surprise decline in October, the latest sign that high consumer prices are beginning to loosen their stranglehold on the U.S. economy. The Labor Department said Wednesday that its producer price index, which measures before it reaches... + full article



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