US Wholesale Prices Rise Sharply, Signal Persistent Inflation
January's producer price index surged, indicating stubborn inflation as oil prices climb, while analysts warn that the US cannot simply grow its way out of fiscal difficulties.
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US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb - AP News
US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb AP News
Read full article →US cannot simply 'grow' its way out of fiscal difficulties - China Daily
US cannot simply 'grow' its way out of fiscal difficulties China Daily
Read full article →PPI Shows Surging Inflation Across Prices that Companies Pay Each Other. The Fed Should Stop Dilly-Dallying Around
This kind of inflation is nothing to be trifled with: In services +4.5%; in goods without energy +5.0%; in energy +24%; overall +5.4%; year-over-year.
By Wolf Richter
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