41.   But they stressed that higher prices at earlier stages of production below the wholesale level are warning signs to the Federal Reserve.

42.   He said that the WTO identifies the price of the home market as the starting point and that the Philippines is doing this at the wholesale level.

43.   Hodgson said the greenhouse gas tax on vehicle fuels, electricity and natural gas will be added to existing energy prices and collected at the wholesale level.

44.   Inflation at the wholesale level was moderate last month.

45.   New inflation data out this morning showed big increases in energy and food prices at the wholesale level last month.

46.   On Friday, the Labor Deparment will release its Producer Price Index, which measures inflationary pressures at the wholesale level.

47.   Separately, the latest government figures point to virtually nonexistent inflation pressures at the wholesale level last month.

48.   Rising material goods prices for manfacturers is evidence that inflation exists on the wholesale level, said Phillips.

49.   The bond market slipped after rising early in the day when the Labour Department reported that a steep decrease in energy costs pushed prices at the wholesale level down.

50.   The latest PPI figures represented a better reading on inflation at the wholesale level than many analysts were expecting.