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Published: Saturday, 12/14/2013 - Updated: 6 months ago

BUSINESS BRIEF

U.S. wholesale prices fall 0.1 % in November

BLADE NEWS SERVICES

WASHINGTON — U.S. wholesale prices dropped in November for the third consecutive month, pushed down again by cheaper gasoline and lower home heating oil costs. But excluding volatile energy costs, inflation was mostly stable.

The producer price index, which measures prices before they reach the consumer, declined 0.1 percent last month, the Labor Department said Friday. This comes after similar decreases in October and September.



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