Rising wholesale prices during shutdown point to persistent inflation in the economy
The cost of wholesale goods and services rose during the government shutdown and showed the persistence of inflation pressures in the guts of the U.S. economy.
Producer prices rise a mild 0.2% in November, government says in report delayed by federal shutdown
The Labor Department reported Tuesday that consumer price inflation cooled last month, rising a modest 0.3% from November and 2.7% from December 2024. But it remains above the Federal Reserve’s 2% target.
The Edge Singapore
Prices paid to US producers rise on jump in energy costs
US wholesale inflation picked up slightly in November from a month earlier on a jump in energy costs, even as prices for services were unchanged.
The Financial Express
Energy does the heavy lifting: US November wholesale inflation rises 0.2%
U.S. wholesale inflation rose in November, driven mainly by higher energy and gasoline prices, while core producer prices stayed muted and businesses absorbed tariff pressures.
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