Customers shops for fruit in a supermarket in New York on Jan. 22, 2026.
Charly Triballeau | AFP | Getty Images
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 producer price index, 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%.
On an all-items basis, headline PPI rose 0.5%, also above the forecast for 0.3% and 0.1 percentage point more than the prior month.
For the full year, core wholesale prices accelerated 3.6%, while the headline index posted a 2.9% gain. Both figures are well ahead of the Federal Reserve’s 2% inflation goal and suggest that rising prices are still a factor for the U.S. economy.
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