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Business Community Education Elections Environment Government Health Housing Obituaries Opinion Public Safety Sports Transportation Weather

Wholesale price inflation slows last month as gas, food costs fall

WXXV News 25
MS Source origin: Mississippi — click to visit
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By  CHRISTOPHER RUGABER WASHINGTON (AP) — Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead. The Labor Department’s producer price index — which captures inflation before it reaches consumers — rose 4.7% in July from a year ago, down from...

US consumer prices likely increased moderately in July as gasoline prices eased

Freedom 96.9 – Oklahoma's Talk Radio
OK Source origin: Oklahoma — click to visit
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By Lucia Mutikani WASHINGTON, Aug 12 (Reuters) - U.S. consumer prices likely increased moderately in July, which could further reduce financial market expectations for the Federal Reserve to raise interest rates this year. The Labor Department's Consumer Price Index report on Wednesday would follow on [...]

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