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Wholesale inflation is worst in 27 years, June retail sales

 
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PostPosted: Tue Jul 15, 2008 1:04 pm    Post subject: Wholesale inflation is worst in 27 years, June retail sales Reply with quote

Wholesale inflation is worst in 27 years

By MARTIN CRUTSINGER, AP Economics Writer

WASHINGTON - Soaring costs for gasoline and food pushed inflation at
the wholesale level up by a larger-than-expected amount in June,
leaving inflation rising over the past year at the fastest pace in
more than a quarter-century.



June retail sales rose 0.1%, compared to the consensus estimate of a
0.4% gain.


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