Last month’s preliminary determine for the Corporate Goods Price Index, which reveals the worth of products traded between corporations, rose 9.5% in comparison with the identical month final yr, and stood at 119.8 with the typical for 2020 set at 100. It was the best ever for December.
This is as a result of corporations are elevating the costs of a variety of things in response to rising costs of vitality equivalent to crude oil and uncooked supplies.
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