November 22, 2024

Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation

 Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation

Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation

U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may go on a while.