January wholesale prices up more than double the Dow estimate
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Feb. 27 (UPI) -- January's wholesale prices were up more than double the Dow Jones consensus estimate, the U.S. Bureau of Labor Statistics reported Friday. The producer price index for January showed final demand prices, excluding food and energy, increased 0.8% on a seasonally adjusted basis. The Dow Jones consensus estimated an increase of 0.3%. This is an acceleration over December, which rose by 0.6%. Friday's report contradicts President Donald Trump 's claims of ending inflation as he
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