0.7 Pct. Rise on Wholesale Prices Due to Gas Spike

There was a raise in wholesale prices in February due to the raise in the prices of expensive gases and pharmaceuticals. But the inflation felt was mild despite the increase. The price of wholesale gas increased by 7.2 percent. There is a good chance for the economy to grow as the mild inflation helps it out. It is also notable that the core prices have increased by 1.7 percent in the past 12 months.

Read the full article here:
US wholesale prices rise 0.7 pct. on gas spike