US wholesale inflation fell in July for 1st time in 2 years

ROHNERT PARK, CALIFORNIA - AUGUST 04: Customers leave a Walmart Neighborhood Market on August 04, 2022 in Rohnert Park, California. Walmart plans t...

August 17, 2022
7:18 AM

ROHNERT PARK, CALIFORNIA - AUGUST 04: Customers leave a Walmart Neighborhood Market on August 04, 2022 in Rohnert Park, California. Walmart plans to lay off hundreds of corporate employees in a restructuring effort after the retailer cut its profit outlook for the second quarter and the remainder of the year. (Photo by Justin Sullivan/Getty Images) WASHINGTON (AP) — Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.

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