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

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

AP News business

Key Points:

  • 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,

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