Monday, October 31, 2011

U.S. wholesale prices surge in September

The article “U.S. wholesale prices surge in September”, stated how there has been increases in prices on gasoline, vegetables, etc. This continues to contribute to the already weak U.S. economy because higher prices lead to lower demands from the consumers of the goods. It also seems for the past 12 months or so, the consumer price index rose up to 3.8%. In addition, not only are there wholesale price increases, but other intermediate goods, raw materials, and food and energy prices are going up, as well.

Article: http://www.marketwatch.com/story/us-wholesale-prices-surge-in-september-2011-10-18?siteid=yhoof

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