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May PPI seen up 1.0 percent on crude costs (Reuters)

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Nishikant
on June 17, 2008 12:20 PM | | Comments (0) | TrackBacks (0)

A truckload of corn is dumped into a chute at the Lincolnway Energy plant in the town of Nevada, Iowa, December 6, 2007. (Jason Reed/Reuters)Reuters - Record-high crude oil costs sent wholesale inflation soaring in May, but a key gauge of underlying price pressures likely moved ahead at a slower pace than the month before, according to a Reuters poll.


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