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Wholesale prices Biggest jump in 34 years

msnbc.msn.com — Wholesale prices shot up 3.2 percent in November, the biggest jump in 34 years, propelled by a record rise in gasoline prices. The big inflation pickup in the Producer Price Index, which measures the costs of goods before they reach stores shelves, came after wholesale prices inched

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  • fusuke31, on 12/14/2007, -0/+0Inflation Alert! It's like the 70's all over again. As the Fed keeps printing money to bail out Wall St you can expect prices to continue to rise. Looks like it's time to buy gold.
  • htmlcoderus, on 12/13/2007, -1/+0As if,... we needed additional bad news in a failing economy. Makes me think the more the presidential candidates talk about oil Independence... the more I think it might be the real high priority topic for this nation to escape the fragile economy we are experiencing.

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