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News In Brief

October 17, 1983


Wholesale prices increase; factory output rises

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Wholesale prices climbed a scant 0.2 percent in September, the Labor Department said Friday. Declining car and gasoline costs canceled most of the sharp increase in food prices, it said. The advance represented a 2.1 percent annual rate of inflation at the wholesale level. Also, the nation's factory production expanded a strong 1.5 percent in September, Federal Reserve economists said.