US wholesale prices arrive hotter than expected, up 2.9% from a year ago
New York Post·2026-02-27 18:46
WASHINGTON — U.S. wholesale prices came in hotter than expected last month.The Labor Department reported Friday that its producer price index, which measures inflation before it hits consumers, rose 0.5% from December and 2.9% from January 2025. Economists had forecast a 0.3% increase for the month and 1.6% year over year, according to a survey by the data firm FactSet. 4 The Labor Department reported Friday that its producer price index, which measures inflation before it hits consumers, rose 0.5% from D ...