Japan Wholesale Prices Have Biggest Rise in 13 Years
Boomberg, Oct 13 Japanese wholesale prices had the biggest gain in more than 13 years in September as the cost of crude oil and steel rose, threatening to squeeze corporate profits.
The index that tracks prices for goods bought by companies and the cost of electricity and other utilities rose 1.8 percent from a year earlier, Bank of Japan figures showed in Tokyo. The gain, the seventh in a row, was the biggest since February 1991.
