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Wholesale inflation posts largest increase in 14 months, PPI shows

Por: MarketWatch Business September 14, 2023

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The warm wholesale-inflation report follows a similar upturn in consumer prices last month. Wholesale costs often foretell future inflation trends. The increase in wholesale prices over the past 12 months climbed to 1.6% from 0.8% in the prior month. A separate measure of “core” wholesale prices that strips out volatile food, energy and trade margins rose 0.3% last month,. That was also a tick higher than expected. The increase in these... + full article



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