Economy

xchrom

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25. CHEAPER GAS DRIVES DOWN US WHOLESALE PRICE INDEX

Thu Dec 13, 2012, 11:54 AM

Dec 2012

http://hosted.ap.org/dynamic/stories/U/US_WHOLESALE_PRICES?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-12-13-10-11-35

WASHINGTON (AP) -- Cheaper gas drove down a measure of wholesale prices in November for the second straight month, a sign inflation remains mild.

The producer price index fell 0.8 percent last month, the steepest drop since May, the Labor Department said Thursday. That follows a 0.2 percent decline in October. The index measures the cost of goods before they reach the consumer.

Gas prices fell last month by the most in more than three years. Food prices, however, rose by the most in nearly two years, pushed higher by costlier beef and vegetables.

Beef prices jumped 8.2 percent, the biggest gain in four and a half years. Vegetable prices rose nearly 12 percent. Grocery stores may mark up the prices of those products in the coming months, but probably not by as much.

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STOCK MARKET WATCH -- Thursday, 13 December (ha ha ha ha ha) 2012 [View all] Tansy_Gold Dec 2012 OP

God Luciadagen! Demeter Dec 2012 #1

I had a Lucia kranz for the kids, once upon a time Demeter Dec 2012 #2

The song Demeter Dec 2012 #3

Morning Marketeers..... AnneD Dec 2012 #5

Lucy's Day? tclambert Dec 2012 #4

god luciadagen! xchrom Dec 2012 #7

US Futures flat. Europe a in a tiny malaise. gold down 1.25% Roland99 Dec 2012 #6

{speaking of sweden} Sweden’s Euro Hostility Hits A Record High xchrom Dec 2012 #8

BEAT: INITIAL CLAIMS FALL TO 343K xchrom Dec 2012 #9

FWIW, it's nice seeing weekly claims staying below 400k where they'd been for a while. Roland99 Dec 2012 #24

Home Seizures Rise as Banks Adjust to Foreclosure Flow xchrom Dec 2012 #10

Retail Sales Climb as Americans Snap Up Autos, Electronics xchrom Dec 2012 #11

Emerging Fiscal Cliff Deal Spares Corporations, but Not the Safety Net xchrom Dec 2012 #12

Let me get out my cluestick Demeter Dec 2012 #16

Supplemental reading for catharsis Demeter Dec 2012 #18

! xchrom Dec 2012 #19

But "he thinks of us everyday", he said so. kickysnana Dec 2012 #37

Eurozone agrees ECB banking supervision rules xchrom Dec 2012 #13

France denies Rio Tinto nationalisation rumours xchrom Dec 2012 #14

Tax exile Depardieu puts Paris mansion up for sale xchrom Dec 2012 #15

Steel tycoon Mittal hits out at ‘irrational’ French minister xchrom Dec 2012 #17

I'm just not up to it, today Demeter Dec 2012 #20

something holiday-ish? not very creative -- but it is timely? xchrom Dec 2012 #21

Which holiday, though? Demeter Dec 2012 #31

paganish? -- we haven't done a Hanukkah theme or xchrom Dec 2012 #33

Beethoven? It's his birthday on the 16th rusty fender Dec 2012 #34

Good Idea! Demeter Dec 2012 #36

Yay! I love Beethoven! rusty fender Dec 2012 #38

Executives push for ‘fiscal cliff’ deal, even if their tax concerns have to wait xchrom Dec 2012 #22

You don't want to know what vile epithets spilled forth upon reading that Demeter Dec 2012 #26

as usual...! xchrom Dec 2012 #28

Certainty? Fuddnik Dec 2012 #35

US AIRLINES TO LEAD INDUSTRY RECOVERY IN PROFITS xchrom Dec 2012 #23

CHEAPER GAS DRIVES DOWN US WHOLESALE PRICE INDEX xchrom Dec 2012 #25

Where, pray tell, is this cheaper gas? Demeter Dec 2012 #27

indeed. it's over 3 here in the 'cheaper' south. nt xchrom Dec 2012 #29

Grocery store around here tried to gouge for Xmas, but they are back to sales Demeter Dec 2012 #30

they keep saying there's no inflation -- but if you haven't had a raise in like forever xchrom Dec 2012 #32