US wholesale prices rise 0.3 pct., led by costlier gas, food
WASHINGTON — U.S. wholesale prices rose 0.3 percent in December, led higher by more expensive gas, food and cars. The producer price index, which measures price changes before they reach consumers, increased 1.6 percent last year, the Labor Department said Friday. That’s the biggest 12-month gain since September 2014. Still, it is low historically and