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Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers
U.S. wholesale inflation came in hot last month.
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cnbc.com
China consumer, wholesale inflation tops estimates in April as Iran war drives energy costs higher
China has cushioned the worst of the energy shock through its strategic oil stockpiles and a diversified mix of renewable energy sources.
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forbes.com
Consumer Prices Rose 3.8% Last Month—Most In 3 Years
Higher inflation has persisted as rising prices pressure consumers.
