US wholesale prices rose 0.4% in January, more than expected

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By Alicia Wallace, CNN Wholesale inflation in the United States remained stubbornly elevated last month, another sign that even higher prices could be on the way for American shoppers. The Producer Price Index (PPI), which measures average price changes seen by producers and manufacturers, rose 0.4% on the month and 3.5% in the 12-month period ending in January. The figure was flat from December, which was revised up to 3.5%, according to data f…

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Wholesale prices higher than expected last month — fresh on heels of hot inflation report

Wholesale inflation came in hot in January after picking up sharply the month before, further solidifying the Federal Reserve’s case against slashing interest rates.

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December wholesale prices up a hot 0.4% as fight against inflation seems stalled

Forecasters had expected a 0.2% change month over month.

Financial Post

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US Wholesale Inflation Tops Estimates on Food, Energy Prices

US wholesale prices rose in January by more than forecast on higher food and energy costs, highlighting only limited progress on inflation ahead of tariffs imposed …

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US producer prices rise slightly above expectations in January

U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve would not be cutting interest rates before the second half of the year.The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Labor Department's Bureau of Labor Statistics (BLS) said on Thursday. Economists polled by …

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US wholesale prices remained high last month, a sign progress on inflation may have stalled

US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers.