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Wholesale inflation dips in March for first time since August

Fri, Apr 14, 2017 - 5:50 AM

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

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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