Wholesale Prices Drop More Than Expected In July

Wholesale prices dropped sharply in July, and over the past 12 months fell by the largest amount in more than six decades of record-keeping.

Sections:  news   business   
Topics:  2009   july   wholesale prices   
RELATED ARTICLES
  • 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
  • Home prices rose in July in 20 major US cities
    Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures. National home prices increased 1.2 percent in July, compared to the same month last year, according to the Standard & Poor's/Case Shiller index released Tuesday. More
  • US trade deficit grew slightly to $42B in July
    The U.S. trade deficit grew to $42 billion in July, widened by fewer exports to Europe, India and Brazil that offset a steep decline in oil imports. More
  • Cars, Planes Push Up Durable Goods
    Orders for long-lasting goods posted the strongest gain of the year in July due to demand for cars and airplanes, though weakness continued outside the transportation sector. More
  • Consumer inflation muted, supports more Fed easing
    Consumer prices were flat in July for a second straight month and the year-over-year increase was the smallest in more than 1-1/2 years, giving the Federal Reserve room for further monetary easing to tackle stubbornly high unemployment. More
BING NEWS:
  • Stocks notch monthly drop, dollar rebounds as data, Fed loom large
    Gold sank, the dollar rebounded and benchmark U.S. Treasury yields ticked higher after the U.S. Labor Department reported hotter-than-expected first-quarter employment ... from 4.737% late on Monday.
    04/30/2024 - 1:41 pm | View Link
  • Drops in commodity prices worldwide have ‘hit a wall’ — that’s bad news for inflation: World Bank
    The days of energy and other commodities serving as a deflationary force could be nearing an end, the World Bank warned.
    04/29/2024 - 5:09 am | View Link
  • Hertz Is In Trouble And It Could Get Worse If Interest Rates Remain High
    Hertz faces challenges as it sells EVs at a loss, contends with high depreciation rates. Check out my thoughts on HTZ stock.
    04/29/2024 - 2:17 am | View Link
  • Oil down
    A mixed day for oil and oil stocks on Friday. While prices bounced a little on the day, they still lost ground for the week.
    04/28/2024 - 5:08 am | View Link
  • Unleaded 91 price reaches record high across major capital cities
    Petrol prices have hit record highs across major capital cities, with the spike in prices a result of rising wholesale costs, high oil prices and a weak Australian dollar.
    04/26/2024 - 3:00 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News