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The Piney Point

Wholesale inflation reaches levels last seen in 2022

Wholesale inflation reaches levels last seen in 2022
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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