October Saw Highest Level of Price Hikes Ever in Dallas Fed Survey

The Federal Reserve Bank of Dallas said that a record 50.5 percent of manufacturers had raised prices on their finished goods in October, while just 0.7 percent cut prices. That brought the dispersion index, which weighs price hikes against price cuts, to a record high 49.8, up 5.8 points from a month earlier. The longterm average for…

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