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Wholesale inflation surges 

Jul 15, 2008By

Looks like Bernanke has a reason for concern. Via the Associated Press: The Labor Department reported that soaring costs for gasoline and food pushed inflation at the wholesale level up by a bigger-than-expected 1.8 percent in June, leaving inflation rising over the past year at the fastest pace in more than a quarter-century.

3d rendering of a row of luxury townhouses along a street

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