Wholesale Prices in U.S. Climbed More Than Forecast in March
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U.S. wholesale prices advanced in March by more than forecast, reflecting broad increases in the costs of services and goods, a Labor Department report showed Tuesday in Washington.
The figures, which measure wholesale and other selling prices at businesses, reaffirm the broad view that cost pressures in the production pipeline continue to firm up. Proposed tariffs also threaten to raise costs of imported materials for U.S. manufacturers.