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Wholesale prices surge again, PPI shows, in sign U.S. inflation is unlikely to ease quickly

Por: MarketWatch Politics February 16, 2023

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The increase in wholesale prices over the past 12 months, meanwhile, slowed to 6% from 6.5% in the prior month. That’s still three times higher than the Fed’s target for overall inflation, however. A separate measure of wholesale prices that strips out volatile food and energy costs climbed a sharp 0.6% last month, . That was the largest increase in 10 months. The increase in these so-called core prices over the past year eased to 4.5% from... + full article



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