U.S. wholesale prices fell 0.2 percent in October
WASHINGTON – Wholesale prices fell in October as a big drop in gasoline and other energy prices offset a rise in the cost of food.
Wholesale prices dipped 0.2 percent last month, the Labor Department said Wednesday. It was the first decline since May and followed big gains of 1.1 percent in September and 1.7 percent in August, increases that had been driven by spikes in energy.
Energy prices retreated a bit in October, dipping 0.5 percent but food costs were up 0.4 percent as the summer drought continued to put pressure on some food prices.
If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at email@example.com