By PAUL WISEMAN, AP Economics Writer
WASHINGTON (AP) — 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.
Related Articles
Greeley’s Rule105 Brewing to close Saturday Netflix declines to raise its offer to buy Warner, says deal is ‘no longer financially attractive’ FedEx says it will return to customers any refunds it gets back from Trump’s illegal tariffs Burger King is testing AI headsets that will know if employees say ‘welcome’ or ‘thank you’ Weber recalls 3.2 million wire-bristle grill brushesDriving the increase was an uptick in the wholesale price of services, led by higher profit margins for retailers and wholesalers.
The producer price report comes two weeks after the Labor Department reported that consumer prices rose just 2.4% last month compared to a year earlier, closing in on the Federal Reserve’s 2% target.
Economists had worried that President Donald Trump’s double-digit taxes on imports would drive inflation higher. Their impact has so far been more modest than expected — although inflation remains higher than the Fed would like.
Wholesale prices can offer an early look at where consumer inflation might be headed. Economists also watch it because some of its components, notably measures of health care and financial services, flow into the Fed’s preferred inflation gauge — the personal consumption expenditures, or PCE, price index.
Hence then, the article about us wholesale prices arrive hotter than expected up 0 5 from december and 2 9 from a year ago was published today ( ) and is available on GreeleyTribune ( Saudi Arabia ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( US wholesale prices arrive hotter than expected, up 0.5% from December and 2.9% from a year ago )
Also on site :
- Arshdeep Singh thanks South Africa for beating West Indies; shares funny ‘cursing’ story with his father
- BGIS 2026 Quarter Finals Day 2 Points Table Live Updates And More
- World Rugby respond to questions over future of scrums in bid to make sport ‘quicker and simpler’ for fans