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U.S. Producer Prices Rise 1.4% in May; Core Rate Increases 0.2% (Bloomberg.com)

June 17 (Bloomberg) — Prices paid to U.S. producers rose more than forecast in May as higher fuel and food costs heightened the threat of inflation. The 1.4 percent jump was the biggest gain since November and followed a 0.2 percent increase in April, the Labor Department said today in Washington.

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