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Another chart of PPI ... the cooling in inflation is easier to see. October PPI +0.2% vs. +0.4% est. & +0.2% prior (rev down from +0.4%); core 0.0% vs. +0.3% est. & +0.2% prior (rev down from +0.3%) … softest core print since November 2020. Producer prices are still going up, but at a slower rate.

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