U.S. wholesale prices rise less than expected in October
WASHINGTON, Nov. 15 (Xinhua) -- U.S. wholesale prices increased less than analysts had expected in October, the U.S. Bureau of Labor Statistics reported Tuesday, although inflation remains at a 40-year high.
The producer price index (PPI), which measures prices that companies receive for goods at market, climbed 0.2 percent for October, slightly less than the Dow Jones estimate of a 0.4 percent bump.
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