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CNBC reports“Prices at the wholesale level jumped twice the expected level in January as inflation pressures were unabated to start the year, the Labor Department said Tuesday.”

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The producer price index, which measures wholesale prices, rose 1% in January and 9.7% for the 12-month period, the latter just off the record high.

NRCC Comment: “Prices continue to skyrocket because of Democrats’ reckless economic policies. Americans can’t afford Democrats maintaining power.” – NRCC Spokesman Mike Berg

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