Rising wholesale prices for food and energy are putting pressure on manufacturers and retailers to pass higher costs to customers. It's a trend that could raise inflation in the United States and slow economies in Asia and Latin America.
U.S. gas prices have topped $3 a gallon, and grain prices have reached a 2 1/2-year high. Some lawmakers say the increases illustrate the need for tighter limits on speculation in commodities markets.
Airlines, clothing manufacturers and some grocery stores have already raised retail prices. And even those companies that have resisted increases because they worry that customers can't afford them may be more reluctant to hire because of the squeeze.
http://news.yahoo.com/s/ap/20110113/ap_on_bi_go_ec_fi/us_economy%3B_ylt%3DAsYHP_zuePdWDreoVGhnWDGs0NUE%3B_ylu%3DX3oDMTFocGwwZ2V2BHBvcwMyNgRzZWMDYWNjb3JkaW9uX3RvcF9zdG9yaWVzBHNsawNoaWdoZXJlbmVyZ3k-
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