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Gas Prices Boost Wholesale Inflation

NPR -- A second month of sharp gains in gasoline costs drove wholesale prices higher in September. But outside of the surge in energy, prices were well contained.

Wholesale prices rose 1.1 percent in September following a 1.7 percent gain in August which had been the largest one-month increase in more than three years, the Labor Department said Friday.

In both months, overall prices were pushed higher by gasoline, which rose 9.8 percent in September following an even larger 13.6 percent gain in August.

Core prices, which exclude food and energy, were unchanged in September, the best showing since they held steady in October 2011. In August, core prices rose 0.2 percent.

Food prices, which had jumped 0.9 percent in August, showed a smaller 0.2 percent rise in September.

Wholesale inflation ha

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Submitted Oct 13, 2012 By: skb69sa

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niceguytx Champion Author Houston Posts:13,701 Points:2,714,485 Joined:Sep 2005	Message Posted: Oct 19, 2012 8:32:36 AM Ignore niceguytx Report Abuse I want gas process to fall more
DanMtz Champion Author Oakland Posts:3,360 Points:1,244,300 Joined:Oct 2009	Message Posted: Oct 15, 2012 11:35:48 AM Ignore DanMtz Report Abuse This is news?
CVA19 Champion Author Salem Posts:2,393 Points:610,450 Joined:Aug 2011	Message Posted: Oct 15, 2012 11:05:47 AM Ignore CVA19 Report Abuse Duh!
Bonanza Champion Author Boston Posts:12,093 Points:2,551,980 Joined:Jun 2004	Message Posted: Oct 15, 2012 5:22:29 AM Ignore Bonanza Report Abuse Gas prices affect the entire industry
Amplion Champion Author Oregon Posts:6,772 Points:1,866,035 Joined:Sep 2005	Message Posted: Oct 15, 2012 4:31:29 AM Ignore Amplion Report Abuse SHUT DOWN NPR !!!
bston Champion Author Oklahoma City Posts:1,825 Points:643,250 Joined:Mar 2011	Message Posted: Oct 14, 2012 5:34:46 PM Ignore bston Report Abuse It's all about evenly distributing the wealth world-wide & our country is becoming poorer while elevating the other countries to what our status used to be.
tomok Champion Author Portland Posts:33,049 Points:2,346,485 Joined:Aug 2006	Message Posted: Oct 14, 2012 4:49:29 AM Ignore tomok Report Abuse Gas Prices Boost Wholesale Inflation? Well of course it does, spend more on some things than on others! Almost everything has increased in price and the wages are the same or less. Big Oil continues to sell fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. 'Coming out of the closet' Fred's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the jobs are Not here. Fred's economy is not improving but continues to hurt the population and the job numbers continue to be down – no matter how smoooooth talking Fred spins those numbers! People will still drive and buy fuel no matter what but it sure helps to have a job too! What's a person to do? Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. The price of fuel at the pump is too high! XII/XXII/MMXII!
sljbc475 Champion Author Tucson Posts:4,225 Points:873,350 Joined:Dec 2010	Message Posted: Oct 14, 2012 12:16:50 AM Ignore sljbc475 Report Abuse Inflation right before the fiscal cliff left by our government.
farn1958 All-Star Author Twin Cities Posts:886 Points:183,385 Joined:Feb 2011	Message Posted: Oct 14, 2012 12:13:24 AM Ignore farn1958 Report Abuse do ya think?
rahcat Champion Author Grand Rapids Posts:2,478 Points:664,150 Joined:Jan 2010	Message Posted: Oct 14, 2012 12:09:27 AM Ignore rahcat Report Abuse Thanks to the Socialist In Chief.
goldrose1 Champion Author Cleveland Posts:10,946 Points:1,926,555 Joined:Feb 2005	Message Posted: Oct 14, 2012 12:02:38 AM Ignore goldrose1 Report Abuse Yet Social security doesn't get a COLA. What's with that?
ricoblanco Champion Author Chicago Posts:1,593 Points:360,855 Joined:May 2012	Message Posted: Oct 14, 2012 12:02:24 AM Ignore ricoblanco Report Abuse ok
PrinceLH Champion Author Ontario Posts:2,702 Points:539,995 Joined:Jun 2011	Message Posted: Oct 14, 2012 12:01:31 AM Ignore PrinceLH Report Abuse And no politicians will touch them!
CdnLynx Champion Author Ontario Posts:1,024 Points:524,960 Joined:May 2008	Message Posted: Oct 14, 2012 12:00:01 AM Ignore CdnLynx Report Abuse Crippling western economies!
LCSTEELERBOB Champion Author Gary Posts:2,961 Points:720,130 Joined:Oct 2008	Message Posted: Oct 13, 2012 11:56:38 PM Ignore LCSTEELERBOB Report Abuse i have to say it this way daa
Shakleelady31 All-Star Author Fort Wayne Posts:571 Points:402,350 Joined:Jan 2012	Message Posted: Oct 13, 2012 11:55:16 PM Ignore Shakleelady31 Report Abuse Okay.
VetteFan Champion Author Indiana Posts:9,744 Points:2,029,455 Joined:Aug 2005	Message Posted: Oct 13, 2012 11:55:05 PM Ignore VetteFan Report Abuse No surprise.
Mustache_33 All-Star Author Toronto Posts:900 Points:181,455 Joined:May 2012	Message Posted: Oct 13, 2012 11:55:03 PM Ignore Mustache_33 Report Abuse hm
seahawks Champion Author Washington Posts:3,232 Points:1,964,720 Joined:Sep 2005	Message Posted: Oct 13, 2012 11:53:45 PM Ignore seahawks Report Abuse it hurts!!!
vibdata Champion Author Massachusetts Posts:4,090 Points:849,300 Joined:Nov 2005	Message Posted: Oct 13, 2012 11:52:39 PM Ignore vibdata Report Abuse "core prices" don't include food and fuel. Then what ARE the core values????? No prices were unchanged in September. Everyone knows that.
bonzoonfmb Champion Author Florida Posts:1,792 Points:645,785 Joined:Feb 2010	Message Posted: Oct 13, 2012 11:51:52 PM Ignore bonzoonfmb Report Abuse Gas prices are too high.
gd83goldwinger Champion Author South Bend Posts:1,428 Points:504,980 Joined:May 2011	Message Posted: Oct 13, 2012 11:51:45 PM Ignore gd83goldwinger Report Abuse About sums it up, and up.
30mpg80 Champion Author Lexington Posts:10,045 Points:1,488,830 Joined:Nov 2008	Message Posted: Oct 13, 2012 11:49:38 PM Ignore 30mpg80 Report Abuse Right Defiancegasman, guess all cores will starve and freeze.
NorthglennBill Champion Author Denver Posts:7,432 Points:1,473,895 Joined:Oct 2008	Message Posted: Oct 13, 2012 11:48:38 PM Ignore NorthglennBill Report Abuse Everything is expensive and prices will continue to go up.
mrbee Champion Author Little Rock Posts:3,763 Points:2,467,560 Joined:Oct 2005	Message Posted: Oct 13, 2012 11:48:09 PM Ignore mrbee Report Abuse Why are food and energy excluded?
defiancegasman Champion Author Ohio Posts:7,080 Points:1,323,260 Joined:May 2006	Message Posted: Oct 13, 2012 11:46:39 PM Ignore defiancegasman Report Abuse "Core prices, which exclude food and energy, were unchanged " The CPI NO LONGER INCLUDES PRICE INCREASES FOR FOOD AND ENERGY!! God knows that the average person does NOT use either, RIGHT!!!
pgerassi Champion Author Milwaukee Posts:10,906 Points:2,133,555 Joined:Apr 2007	Message Posted: Oct 13, 2012 11:46:30 PM Ignore pgerassi Report Abuse OK
5Golfer8 Champion Author Tucson Posts:2,143 Points:301,625 Joined:Jun 2011	Message Posted: Oct 13, 2012 11:45:53 PM Ignore 5Golfer8 Report Abuse Democrats in action.
NemoIL Champion Author Illinois Posts:3,030 Points:1,314,195 Joined:Aug 2008	Message Posted: Oct 13, 2012 11:45:45 PM Ignore NemoIL Report Abuse Obama promised us $5 a gallon gas by the end of his first term and he is keeping the promise.
mitchells Champion Author Montreal Posts:3,866 Points:1,126,085 Joined:Oct 2009	Message Posted: Oct 13, 2012 11:44:58 PM Ignore mitchells Report Abuse blah blah blah...
GLCSHADOW Champion Author Oregon Posts:1,616 Points:1,887,310 Joined:Dec 2005	Message Posted: Oct 13, 2012 11:43:43 PM Ignore GLCSHADOW Report Abuse Ouch!
sprocketsplines Champion Author Washington Posts:1,692 Points:862,590 Joined:Oct 2010	Message Posted: Oct 13, 2012 11:40:59 PM Ignore sprocketsplines Report Abuse Higher prices for diesel fuel which most trucks use and not gasoline is likely the reason for the increase in wholesale prices (of goods transported by trucks).
HoosierDaddyKY Champion Author Kentucky Posts:1,277 Points:298,135 Joined:Dec 2011	Message Posted: Oct 13, 2012 11:38:23 PM Ignore HoosierDaddyKY Report Abuse okay...
southrob Champion Author Tucson Posts:3,605 Points:689,150 Joined:Mar 2011	Message Posted: Oct 13, 2012 11:34:54 PM Ignore southrob Report Abuse food or gas???? what to buy for my family
AKmailman Champion Author Alaska Posts:5,638 Points:1,559,290 Joined:Jul 2004	Message Posted: Oct 13, 2012 11:34:50 PM Ignore AKmailman Report Abuse it's all a shell game so that the govt doesn't have to pay a "reality" COLA
mobil1MN All-Star Author Minnesota Posts:664 Points:1,294,635 Joined:Sep 2007	Message Posted: Oct 13, 2012 11:29:31 PM Ignore mobil1MN Report Abuse ok
raj_fl Champion Author Trenton Posts:3,214 Points:728,980 Joined:Oct 2010	Message Posted: Oct 13, 2012 11:27:07 PM Ignore raj_fl Report Abuse well
raj_fl Champion Author Trenton Posts:3,214 Points:728,980 Joined:Oct 2010	Message Posted: Oct 13, 2012 11:26:50 PM Ignore raj_fl Report Abuse well
TFowler513 Champion Author Memphis Posts:3,824 Points:1,414,860 Joined:Mar 2008	Message Posted: Oct 13, 2012 11:25:00 PM Ignore TFowler513 Report Abuse Well duh. It's a chain reaction!!!
us4usa Champion Author Missouri Posts:5,998 Points:1,114,340 Joined:May 2008	Message Posted: Oct 13, 2012 11:21:33 PM Ignore us4usa Report Abuse "Core prices, which exclude food and energy" One would think the core prices would be the things we must have food and energy???
billy44bo Champion Author Mobile Posts:7,217 Points:1,492,820 Joined:Feb 2008	Message Posted: Oct 13, 2012 11:21:20 PM Ignore billy44bo Report Abuse Barry says we are doing great thing he is wrong on this like everything else
abcdMA Champion Author Worcester Posts:7,932 Points:1,576,930 Joined:Nov 2008	Message Posted: Oct 13, 2012 11:17:07 PM Ignore abcdMA Report Abuse and oil prices were affected by the downgraded dollar
mstearno Champion Author Dayton Posts:8,075 Points:1,733,165 Joined:Jan 2008	Message Posted: Oct 13, 2012 11:15:47 PM Ignore mstearno Report Abuse they know but it's like Lybia they stick their head in the sand and say it's u tube
ron98146 Champion Author Seattle Posts:1,584 Points:966,680 Joined:Jun 2008	Message Posted: Oct 13, 2012 11:14:15 PM Ignore ron98146 Report Abuse do the folks in DC know this?
clermont40miles Champion Author Cincinnati Posts:10,583 Points:1,773,845 Joined:Apr 2008	Message Posted: Oct 13, 2012 11:12:34 PM Ignore clermont40miles Report Abuse Now that is a novel thought. Higher prices and inflation go hand in hand. Problem is wages go nowhere. Stagnant. The crunch continues. Had enough?
splitrman Champion Author Victoria Posts:1,325 Points:317,515 Joined:Jun 2012	Message Posted: Oct 13, 2012 11:05:08 PM Ignore splitrman Report Abuse big oil does not care about the average consumer
darkknight1 Champion Author Winston-Salem Posts:4,345 Points:897,035 Joined:Nov 2010	Message Posted: Oct 13, 2012 10:58:30 PM Ignore darkknight1 Report Abuse not good
giraffefan All-Star Author Indiana Posts:982 Points:260,965 Joined:Sep 2008	Message Posted: Oct 13, 2012 10:57:15 PM Ignore giraffefan Report Abuse Need to get the republicans to crater the economy again, worked the last time.
Cableman66 Champion Author North Carolina Posts:2,120 Points:491,895 Joined:May 2011	Message Posted: Oct 13, 2012 10:55:20 PM Ignore Cableman66 Report Abuse Gosh just think that gas prices boost wholesale inflation. Tell that to the powers that be in DC. Get with the program or get out.
esquared Champion Author Oklahoma City Posts:8,072 Points:1,971,085 Joined:Jan 2006	Message Posted: Oct 13, 2012 10:54:56 PM Ignore esquared Report Abuse The weather played more than a small role in all of these price increases.