US wholesale prices arrive hotter than expected, up 0.5% from December and 2.9% from a year ago

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...

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