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Wholesale prices rose 0.2 percent in July, seasonally adjusted, according to the U.S. Bureau of Labor Statistics.
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This advance followed a 0.5-percent decline in June and a 0.3-percent decrease in May. At the earlier stages of processing, prices received by manufacturers of intermediate goods moved down 0.4 percent in July and the crude goods index rose 2.7 percent. On an unadjusted basis, prices for finished goods advanced 4.2 percent for the 12 months ended July 2010, their ninth consecutive 12-month increase.
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