ECONOMY
Figures Signal Possible Inflation Turbulence, Government Says: While inflation at the wholesale level was moderate last month, the Labor Department reported that the Producer Price Index, measuring inflation pressures before they reach the consumer, rose 0.3% in January. The closely watched core PPI--which excludes volatile energy and food costs--was milder, rising 0.2%. Economists had expected both the overall index and the core rate to rise by 0.4%. But analysts noted that December figures were revised upward and also cautioned that higher prices at earlier stages of production below the wholesale level are worrisome.
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