US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers.
The Producer Price Index was up 3.5% year-over-year in January, and higher by 0.4% from December, spurred by a 44% jump in egg prices.
U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled, ...
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 ...
The hotter-than-expected wholesale inflation came just a day after data showed consumer prices rose more than anticipated.
Producer price growth rose more than Wall Street's expectations last month as wholesale costs of goods increased amid a jump in diesel fuel, the Bureau of Labor Statistics reported Thursday. The US ...
Analysis from RAC Fuel Watch stressed that diesel fuel prices have increased by up to 6p per litre since last Autumn ... oil price nearer to $70 this year.” The experts have out the price ...