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U.S. wholesale prices fall for 3rd month on cheap gas

By The Associated Press

This article was published December 13, 2013 at 11:04 a.m.

WASHINGTON — U.S. wholesale prices dropped in November for the third consecutive month, pushed down again by cheaper gasoline and lower home heating oil costs. But excluding volatile energy costs, inflation was mostly stable.

The producer price index, which measures prices before they reach the consumer, declined 0.1 percent last month, the Labor Department said Friday. This comes after similar decreases in October and September.

Read tomorrow's Arkansas Democrat-Gazette for full details.

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