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US wholesale prices point to muted inflation pressures

US producer prices fell for a third straight month in November, pointing to a lack of inflation pressure that could give the Federal Reserve pause as it weighs the future of its bond-buying stimulus.

US wholesale prices go up

The Producer Price Index (PPI), which measures price changes at factory gates, rose 0.8 percent last month on seasonally adjusted basis, reported Xinhua.

US wholesale prices rise in June

US wholesale prices rose slightly in June after a consecutive decline from March through May.