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Drop in wholesale prices sets record

Decline bigger than forecast for July

Posted: August 19, 2009 at 4:24 a.m.

A woman restocks a strawberry stand at a farmers market in Laramie, Wyo., in July. U.S. food prices fell by 1.5 percent, the Labor Department reported Tuesday.

Wholesale prices in the U.S. fell more than forecast in July as energy costs receded, capping the biggest 12-month drop on record.

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Front Section, Pages 1, 5 on 08/19/2009

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