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November 15, 2022
Wholesale Prices Rose at Slower Pace in October
NTD News
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In the latest Producer Price Index (PPI) report, wholesale prices rose 8 percent over the last 12 months.
The PPI measures prices paid for goods and services before they reach consumers.
The report is considered by some to be a leading indicator of broader inflationary trends and a predictor of what consumers will eventually see at the store level.
Nicole Walter, president of HM Manufacturing, gives her analysis of the latest findings.
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