US PPI Inflation Slows In October
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US PPI inflation slowed to a lower-than-expected 8.0% y/y in October from a downwardly revised 8.4% y/y. Similarly, core PPI inflation eased to 6.7% y/y from 7.1% y/y, below expectations of 7.2% y/y. Both core goods and services contributed to the decline…
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