WASHINGTON — Falling energy prices kept a lid on U.S. wholesale inflation in July after a jump in gasoline spurred prices in June.
The Labor Department reported Wednesday that wholesale prices showed no change last month compared with June, when they rose 0.8 percent. That was the most in nine months.
Excluding volatile food and energy costs, so-called core prices rose just 0.2 percent. Core wholesale prices are up 1.2 percent over the past 12 months, the smallest one-year increase since November 2010.
Read tomorrow's Arkansas Democrat-Gazette for full details.