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Wholesale inflation takes biggest jump in 6 months - Yahoo! Finance
published 386 days, 5 hours, 15 minutes ago posted by http://openid.aol.com/fender0507http://openid.aol.com/fender0507 386 days, 7 hours, 18 minutes ago
Thursday, February 19, 2009 5:38:35 PM GMT Thursday, February 19, 2009 3:36:07 PM GMT
Wholesale inflation takes biggest jump in 6 months - Yahoo! Finance
WASHINGTON (AP) -- Inflation at the wholesale level surged unexpectedly in January, reflecting sharply higher prices for gasoline and other energy products. The Labor Department said Thursday that wholesale prices increased by 0.8 percent last month, the biggest gain since last July and well above the 0.2 percent increase that economists had expected. The acceleration was led by a 3.7 percent surge in energy prices with gasoline prices jumping by 15 percent, the biggest gain in 14 months. (more)
category: The Nation | clicked: 2 | comment | | source: finance.yahoo.com