Wholesale Prices Rise More Than Forecast

The latest report shows prices excluding food and energy were flat. Also: the trade deficit narrows in August

The September overall producer price index (PPI) rose 0.3%, while the core aggregate (which excludes food and energy) was unchanged. The headline figure was stronger than expected, and was led by a 1.2% surge in food prices that followed August's 0.7% gain. Accounting for much of the gain was a 21% jump in vegetable prices.

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