Producer Prices in U.S. Rose 0.3% in August on Energy, Food
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Wholesale prices in the U.S. rose more than forecast in August, reflecting higher costs for food and some fuels.
The 0.3 percent increase in the producer price index followed no change in the prior month, a Labor Department report showed today in Washington. The median forecast in a Bloomberg survey called for a 0.2 percent gain. The core measure, which excludes volatile food and fuel costs, was unexpectedly unchanged from July.