Wholesale prices rising at fastest pace since 1981 (AP)

Courtesy Ytop stories  Tue, 08/19/2008 - 8:00am

A $15,000 discount is advertised on the windshield of an unsold 2008 Ram pickup truck at a Dodge dealership in Colorado Springs, Colo., Aug. 3, 2008.<br /><br />The government says wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years.The Labor Department reported that wholesale prices shot up 1.2 percent in July, pushed higher by rising costs for energy, motor vehicles and other products Tuesday, Aug. 19, 2008.<br /><br />(AP Photo/David Zalubowski)AP - Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, according to government data released Tuesday.



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