Wholesale Prices in U.S. Decrease by Most in Three Years

May 15, 2013 Full story: www.businessweek.com 6

Wholesale prices in the U.S. dropped in April by the most in three years, reflecting a decrease in fuel costs that is helping underpin profits.

The producer-price index declined 0.7 percent, the biggest decrease since February 2010, after falling 0.6 percent in March, according to a Labor Department report released today in Washington.

The median estimate in a Bloomberg survey of 73 economists projected the index would decline 0.6 percent. So-called core wholesale inflation, which excludes often-volatile food and energy prices, climbed 0.1 percent.

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Since: Dec 07

Flint, TX

#1 May 15, 2013
So what we're saying is...private landowners with oil are pumping more...energy cost's go down slightly..farmers not paying as much for fuel so food prices go down slightly.

A prime example of supply and demand works...so let's get away from Mr. obama's share the wealth BS.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#2 May 15, 2013
Bluebonnets-Thistle wrote:
So what we're saying is...private landowners with oil are pumping more...energy cost's go down slightly..farmers not paying as much for fuel so food prices go down slightly.
A prime example of supply and demand works...so let's get away from Mr. obama's share the wealth BS.
No.

Since: Dec 07

Flint, TX

#3 May 15, 2013
Mr_Bill wrote:
<quoted text>
No.
It's coming....the more nobama breaks peoples bank accounts...the more the dislike him...and with nobamacare about to hit hard..uh, oh!!

Thanks be to the House and Senate GOP for blocking anymore spendarama's.
amcummer

Saint Paul, MN

#4 May 15, 2013
Some food items has doubled in prices so I looked and found substitutes that are half in prices and I am eating half as much. My inflation rate is zero nada nothing.

Since: Sep 11

Location hidden

#5 May 15, 2013
The Benghazi Cover-up was very very costly to Obama. IMPEACH NOW.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#6 May 16, 2013
BandMaster wrote:
The Benghazi Cover-up was very very costly to Obama. IMPEACH NOW.
Go ahead.

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