NATION : Wholesale Prices Rise Slim 0.3%
Associated Press
WASHINGTON —
Wholesale prices, pushed upward by large increases for gasoline and home heating oil but restrained by a second straight month of stagnant food costs, rose a modest 0.3% in November, the government said today.
The increase would amount to 3.3% if it persisted for 12 months. Prices had held flat in October. For the first 11 months of 1988, prices one step short of the retail level were up 3.8%, an indication that no significant surge in prices was just over the horizon. Prices rose 2.2% for all of 1987.
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