• The wholesale market is highly sensitive to inflation data as it impacts pricing for goods and services.
• Congress alleges that the inflation data is often misleading and can result in reduced profits for wholesalers while the government benefits from higher revenue from taxes.
• Inflation data typically measures changes in consumer prices, which can vary significantly from wholesale prices.
• Wholesalers may pass on increased costs to retailers and consumers, leading to higher prices for goods and services.
• The government may generate higher tax revenue as prices increase, although Congress argues that this can be at the expense of wholesalers and consumers.
• Inflation data may not always accurately reflect changes in the overall economy or the cost of living for individuals, leading to controversy over its use in setting monetary policy and government spending programs.
• Overall, inflation data remains a contentious issue for both the government and wholesale market, with debates continuing over its true impact on prices and profits.

In conclusion, while inflation data is an important factor that affects the wholesale market, there are concerns that it can be misleading and may not reflect the true impact of changing economic conditions. Congress alleges that wholesalers may bear the brunt of increased costs and reduced profits, while the government may benefit from higher tax revenues. These issues remain a cause for debate and further inquiry into the use and effectiveness of inflation data in setting economic policy.