NATION : Wholesale Prices Rise Slim 0.3%
- Share via
Associated Press
WASHINGTON — Wholesale prices, pushed upward by large increases for gasoline and home heating oil but restrained by a second straight month of stagnant food costs, rose a modest 0.3% in November, the government said today.
The increase would amount to 3.3% if it persisted for 12 months. Prices had held flat in October. For the first 11 months of 1988, prices one step short of the retail level were up 3.8%, an indication that no significant surge in prices was just over the horizon. Prices rose 2.2% for all of 1987.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
