This producer price inflation is typically an early indicator of coming consumer inflation as producers attempt to pass through higher costs.
Not gonna be helpful for R's in the "affordability" discussion as the midterms approach.
https://www.cnbc.com/2026/02/27/ppi-january-2026-.html
Not gonna be helpful for R's in the "affordability" discussion as the midterms approach.
Quote:
Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday.
The core PPI, which excludes volatile food and energy prices, increased a seasonally adjusted 0.8%, more than the 0.6% gain in December and well ahead of the Dow Jones consensus estimate for 0.3%.
https://www.cnbc.com/2026/02/27/ppi-january-2026-.html
