US wholesale prices record highest jump in six years
Monday, 21 February 2005 11:11:00 (GMT+3)
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US wholesale prices record highest jump in six years
While overall wholesale prices in the US increased 0.3% in January 2005, prices outside of food and energy, which is also the core inflation rate, jumped 0.8%, four times greater than what analysts had been predicting.
The data show the largest jump in wholesale prices since a 1% increase in December 1998.
Wall Street expectations were 0.2%.
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