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The Piney Point

Wholesale inflation jumped last month by most in four years as gas prices soared

Wholesale inflation jumped last month by most in four years as gas prices soared
Photo: KPRC 2 / Click2Houston (NBC) · view original

Wholesale inflation rose more than expected last month on a big jump in fuel costs as rising prices become a bigger economic challenge for millions of Americans, and a growing political problem for Republicans in the upcoming midterm elections. The Labor Department’s producer price index — which...

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