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A Key Inflation Reading Capturing Wholesale Prices Rose Again in May
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wsj.comU.S. suppliers’ prices rose in May amid higher food and energy costs, adding to pressure on inflation.
The producer-price index, which measures what suppliers are charging businesses and other customers, rose a seasonally adjusted 0.8% in May from the prior month, up from a 0.4% monthly gain in April, the Labor Department said Tuesday.
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