US wholesale inflation eases to 8%, 4th straight slowdown
US wholesale inflation eases to 8%, 4th straight slowdown
WASHINGTON (AP) — Prices at the wholesale level rose 8% in October from 12 months earlier, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels.
On a monthly basis, the government said Tuesday that its producer price index, which measures costs before they reach consumers, rose 0.2% from September to October. That was…
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