October 30, 2013

SWITICHING FED CHAIRMEN COULD BE THE UR'S BIGGEST MISTAKE:

Wholesale prices down 0.1% in September (AP, October 29, 2013)

A big decline in food costs helped hold down U.S. wholesale prices in September, contributing to a 0.1% decline, the first drop since April. [...]

Aside from sharp swings in gas prices, consumer and wholesale inflation has barely risen in the past year. Overall wholesale prices were up just 0.3% for the 12 months ending in September. It was the slowest increase since the 12 months ending in October 2009, a period that included the Great Recession.

Posted by at October 30, 2013 12:22 PM
  

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