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.

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 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 ...

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.

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.

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.

WASHINGTON (AP) — Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010.