U.S. wholesale inflation slid with energy prices

Washington • Inflation at the wholesale level slid last month, pulled down by plummeting energy prices. The Labor Department said Thursday that its producer price index, which measures inflation pressures before they reach consumers, fell 0.1 percent in March, the first drop since August. Wholesale prices rose 0.3 percent in February and 0.6 percent in January. Producer prices were up 2.3 percent in March from a year earlier, the sharpest annual increase in five years. Energy prices tumbled 2.9 ...

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