( ) -q-30- UNDATED (Correspondent Jeremy House) “12 months earlier.” Wholesale prices in the United States decelerated last month. [CutID: <Cuts> WHOLESALE-PRICES-house-q-THUam.mp3 Time: 30s Title: WHOLESALE-PRICES-house-q-THUam Out-cue: 12 months earlier] TAG: Correspondent Jeremy House reporting. The Fed pays particularly close attention to core prices, which tend to be a better gauge of underlying inflation pressures. […]
Audio
US wholesale price data for April points to easing inflation pressures
( ) -q-30- UNDATED (Correspondent Jeremy House) “12 months earlier.”
Wholesale prices in the United States decelerated last month.
[CutID: <Cuts> WHOLESALE-PRICES-house-q-THUam.mp3
Time: 30s
Title: WHOLESALE-PRICES-house-q-THUam
Out-cue: 12 months earlier]
TAG: Correspondent Jeremy House reporting. The Fed pays particularly close attention to core prices, which tend to be a better gauge of underlying inflation pressures.
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VERBATIM: From March to April, the government’s producer price index rose just 0.2% after falling 0.4% from February to March. Compared with a year earlier, wholesale prices rose just 2.3%. The Labor Department index reflects prices charged by manufacturers, farmers and wholesalers. Excluding volatile food and energy prices, so-called core wholesale inflation rose 0.2% from March and 3.2% from 12 months earlier.
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