WASHINGTON — U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled, further undercutting expectations for lower interest rates ...
The overall PPI index was driven higher by fast-rising food and energy prices, including a 10.4% jump in diesel fuel. Wholesale-level egg prices soared 44% in January, according to PPI data.
Excluding volatile food and energy prices, so-called core producer prices rose 0.3% last month from December and 3.6% from a year earlier. Wholesale services prices rose 0.3%, pushed higher by ...
Excluding volatile food and energy prices, so-called core producer prices rose 0.3% last month from December and 3.6% from a year earlier. Wholesale services prices rose 0.3%, pushed higher by ...
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