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U.S. Producer-Price Growth Slows as Jobless Claims Fall

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The U.S. producer price index for final demand increased 0.5% from the prior month and 8.6% from a year earlier as initial unemployment claims in regular state programs totaled 293,000 in the week ended Oct. 9, a decrease of 36,000 from the prior week, Labor Department data showed. Bloomberg’s Mike McKee reports on "Bloomberg Surveillance." (Source: Bloomberg)

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