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U.S. wholesale inflation fell in July for 1st time in 2 years

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.S. economy’s inflationary pressures cooled last month.

A shopper in a grocery store in southeast Denver.
A shopper in a grocery store in southeast Denver.Read moreDavid Zalubowski / AP
    by Christopher Rugaber, Associated Press
    Published