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December 16, 2011

Price pressures at earlier stages of production continue to be weak. With a 0.4 percent fall in November, inflation in core intermediate goods has run at a negative 1.1 percent annualized over the last six months. Similarly, a 2.5 percent fall in core crude goods brought the category’s six month annualized rate of inflation down to -5.2 percent.

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For more, check out the latest Prices Byte.