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Datawatch

Recovery in China pushes up global wholesale prices

Tighter natural resource supplies stoke US inflation fears

Prices for goods traded by companies are on the rise, with prices in the U.S., France, Germany and Russia topping pre-pandemic levels. (Source photo by Reuters)

TOKYO -- Wholesales prices are on the rise around the world, rising between 1% and 4% through January in major countries compared with last fall.

Soaring prices for crude oil and metals have led to higher prices for chemical and steel-derived products. Economic recoveries in China and the U.S., as well as disruptions to maritime transportation, have also pushed up wholesale prices.

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