economy

February 27, 2026

Core Wholesale Prices Rose 0.8% in January, Much More Than Expected

The core producer price index increased a seasonally adjusted 0.8%, more than the 0.6% gain in December.

Core Wholesale Prices Rose 0.8% in January, Much More Than Expected

TL;DR

  • Wholesale prices rose more than expected in January.
  • The core producer price index increased by 0.8%, exceeding forecasts.
  • Services prices were the primary driver of the increase.
  • Goods prices fell by 0.3%, but core goods prices rose.
  • Annual core wholesale prices accelerated, remaining above the Federal Reserve's inflation goal.
  • The report could prompt the Fed to remain cautious regarding interest rates.
  • Tariffs may be contributing to higher prices for certain goods.
  • President Trump has maintained that inflation has been tamed, despite contrary data.

Continue reading the original article

Made withNostr