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US Producer Prices Rise by Most in Three Years on Services

US Producer Prices Climb by Most in Three YearsUS wholesale inflation accelerated in July by the most in three years, suggesting companies are passing along higher import costs related to tariffs.The producer price index increased 0.9% from a month earlier, the largest advance since consumer inflation peaked in June 2022, according to a Bureau of Labor Statistics report out Thursday. The PPI rose 3.3% from a year ago....

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