Wholesale Prices Hold the Line

Wholesale prices, beginning the year on an encouraging note, showed no gain in January, the government said today. It was the third time in the last five months that the index showed no increase.

Energy prices posted their steepest drop in almost two years while food costs also declined sharply. While most economists foresee a price rise of 2% for all of 1985, one said that, over the next few months, “it is hard to believe that we will see any significant increase.”