Wholesale prices moved up 0.4 percent in January to hit a 3.5 percent annual increase, undergirding consumer inflation that broke 3 percent last month for the first time since the second quarter ...

Key Takeaways The Producer Price Index showed wholesale inflation was up 3.5% year-over-year in January, and higher by 0.4% ...

U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled, ...