US wholesale prices up 0.4 percent in November

WASHINGTON (AP) — Prices at the wholesale level rose 0.4 percent in November and 3.1 percent over the past year. It was the biggest annual jump in nearly six years and reflected a big spike in the price of gasoline and other energy products.Last month’s increase in the producer price index, which measures inflation pressures before they reach the consumer, marked the third straight month wholesale prices have risen by 0.4 percent, the Labor Department reported Tuesday. The 3.1 […]