Wholesale prices moved up 0.4 percent in January to hit a 3.5-percent annual increase, undergirding consumer inflation that broke 3 percent last month for the first time since the second quarter of 2024. The producer price index (PPI), a measure of the wholesale prices that businesses pay each other before selling to consumers, advanced 0.6…
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Wholesale prices jump to a 3.5 percent annual increase
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