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US Producer Prices Jump as Retail Sales Miss Forecasts

US Producer Prices Jump as Retail Sales Miss Forecasts

Prices paid to US producers rose in February by the most in six months as US retail sales increased by less than forecast. Initial jobless claims fell to 209,000. Mike McKee breaks down the numbers.

For more on this story, please see: https://www.bloomberg.com/news/articles/2024-03-14/us-producer-prices-jump-adding-to-signs-of-persisting-inflation

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