Prices that suppliers are charging businesses and other customers leapt in November, signaling that broad-based price pressures are still building throughout the U.S. supply chain.
The Labor Department said Tuesday that its producer-price index rose 9.6% in November from a year earlier, the most since records began in 2010. The so-called core PPI, which excludes often volatile food and energy components, climbed 7.7% from a year ago, also the highest on record.
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