Inflation at wholesale level slipped 0.1 percent in July as energy costs decline for third month

AP via washingtonpost.com ^ | August 10, 2017 | AP

[John W]

WASHINGTON — Inflation at wholesale level slipped 0.1 percent in July...

[oldtech]

Speaking as an individual,my costs went up. Does the government factor these “wholesale declines” in when they figure inflation? If so,it would explain why so many of us on fixed income are falling behind.

[Arthur McGowan]

Did INFLATION decline? Or did PRICES decline?

[John W]

“U.S. wholesale prices also declined in July for the first time in almost a year, further evidence of soft inflation that is bedeviling the Federal Reserve.”