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Wholesale inflation dips in March for first time since August

Friday, April 14, 2017 - 05:50

US-economy.jpg
The Producer Price Index, which measures input costs from the seller's perspective, dropped 0.1 per cent for the month.

Washington

US WHOLESALE inflation fell slightly in March for the first time since August 2016, a sign that broader inflation will accelerate only gradually but the annual measure hit its fastest pace in five years, the Labor Department reported on Thursday.

While analysts had been

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