Wholesale Prices Decline Sharply; Drop Eases Concerns That Energy Costs Could Cause Inflation Woes
Telegraph - Herald (Dubuque) › June 15, 2005
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WASHINGTON (AP) - Wholesale prices fell by the largest amount in more than two years in May, helping to ease concerns that a big spike in energy costs earlier in the year might spell inflation troubles.
Meanwhile, May retail sales tumbled by the largest amount in nine months, a decline that was blamed on unusually cool weather during the month and not seen as evidence that consumer spending, the engine that drives the economy, was threatening to sputter out.See the full content of this document
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Wholesale Prices Decline Sharply; Drop Eases Concerns That Energy Costs Could Cause Inflation Woes
The Labor Department reported Tuesday that wholesale prices fell...
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