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US producer prices fall in February

Customers shop for produce on October 15, 2014 in San Francisco, CaliforniaUS wholesale prices fell modestly in February, weighed down in part by another fall in energy prices, but there were signs of inflation building, according to government data published Tuesday. The Labor Department reported its producer price index fell 0.2 percent in February, after edging up 0.1 percent in January. A large part of last month’s decline was a 3.4 percent drop in energy prices.

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