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US wholesale inflation rose more than expected in July, ... Services prices rose 0.5% from June, the highest monthly increase since March 2022 for the category, BLS data shows.
Food costs at the wholesale level rose 2% in September while energy prices were up 2.8%, the biggest jump since a 5% surge in March. On Wednesday, President Joe Biden took actions in an effort to ...
WASHINGTON (AP) — U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild. The Labor Department reported Thursday that its producer ...
Food prices at the wholesale level ticked up 0.1% after dropping 0.9% in April. Egg prices, volatile because of the bird flu, rose 1.4% following a 39.3% drop in April; they are up 125% from May 2024.
The consumer price index, which measures the average prices paid by consumers for goods, rose 0.5% in December. Overall, inflation rose by a whopping 7% in 2021 – the highest in 40 years.
The report on wholesale prices showed that core inflation at the wholesale level, excluding volatile energy and food, was up 0.2% in September from August and was 6.8% higher over the past 12 months.