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September 01, 2020 1:32pm
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Wholesale inflation climbs 11% in April, remaining near 40-year high

Wholesale prices on an annual basis cooled for the first time in months in April, even as inflation continued to hover near a 40-year high as a result of strong consumer demand, pandemic-related supply chain snarls and the Russian war in Ukraine.
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Photography by Christophe Tomatis
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