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A key measure of U.S. inflation showed prices rising at a faster price in August than they did in the prior month, with services prices rising swiftly even while goods prices remained flat.
Core PPI, which excludes food and energy prices, climbed 0.3 percent in August. For the year, core PPI is up 2.4 percent. The government also releases a producer price indexes for intermediate demand, which measures prices paid to businesses for goods and services sold to other businesses to be processed or packaged for later sale to final-demand customers.
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