April wholesale prices jump 0.6%, led by higher food costs

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By Bryan in Business
Updated 3 years ago

WASHINGTON — Wholesale prices rose a higher-than-expected 0.6% in April, driven by a rise in food costs. It was further evidence that inflation pressures are starting to mount as the country re-opens. The increase in the producer price index, which measures inflationary pressures before they reach consumers, was double the...

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