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April 15, 2008

Price Of Production Rises In March

The Producer Price Index (PPI) increased 1.1 percent in March after a 0.3 percent increase in February, according to the U.S. Department of Labor .

The PPI increased by 1 percent in January. Prices charged to producers for goods received at the earliest point in production rose 2.3 percent in March after increasing 0.8 percent a month earlier and the crude goods index advanced 8.0 percent following a 3.7 percent increase in February.

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