Producer Prices in U.S. Increased 0.8% in November
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Wholesale costs in the U.S. rose in November by the most in eight months, led by higher prices for gasoline, heating oil and fruit.
The producer price index increased 0.8 percent from the prior month after a 0.4 percent rise, Labor Department figures showed today in Washington. So-called core prices, which exclude food and energy costs, rose 1.2 percent in November from a year earlier, the smallest increase in five months and matching the median forecast.