News In Brief

Wholesale prices increase; factory output rises

Wholesale prices climbed a scant 0.2 percent in September, the Labor Department said Friday. Declining car and gasoline costs canceled most of the sharp increase in food prices, it said. The advance represented a 2.1 percent annual rate of inflation at the wholesale level. Also, the nation's factory production expanded a strong 1.5 percent in September, Federal Reserve economists said.

of 5 stories this month > Get unlimited stories
You've read 5 of 5 free stories

Only $1 for your first month.

Get unlimited Monitor journalism.