Wholesale prices rise

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Friday, October 12, 2012

Sharp gains in gasoline costs drove wholesale prices higher in September.

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.

Read more at OregonLive.com.

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