Gas Prices, Wholesale Prices | featured news

US wholesale prices jump 1.1 percent in September

A second month of sharp gains in gasoline costs drove wholesale prices higher in September. But outside of the surge in energy, prices were well contained.

 

More expensive gas pushes up US wholesale prices

Higher gas costs drove U.S. wholesale prices up last month. But excluding the big jump in gas, inflation was mostly tame.

Senh: The good news is that inflation isn't going up much. Still, it's interesting how one single element, like gas prices, can affect other industries. Nothing's an isolated case. It's not just just gas prices; it's also everything related to it - like public transportation, transportation of products, airline fuel, etc... All of that eventually work their way into the price tag of every product you see in the supermarket or department store.

 

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