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Today's Report on Wholesale Inflation

Today, the government reported that wholesale inflation fell -0.2% last month. That's the first drop since January. The core rate, which excludes food and energy prices, rose 0.3%. But much of that increase was due to cars and trucks. Take those out of the picture, core inflation was just 0.1%.

This is good news and it helped push the Dow over 14000 this morning.