Wholesale prices rise sharply and show new Fed chief could confront stubborn inflation [View all]
Source: MarketWatch
Published: Jan. 30, 2026 at 8:49 a.m. ET
The cost of wholesale goods and services rose sharply at the end of last year, underscoring the battle against inflation is far from over as President Trump gets set to name a new chairman of the Federal Reserve.
Producer prices jumped 0.5% in December, an index produce by the government showed. The report was delayed by the government shutdown last fall.
The 12-month increase in wholesale prices where inflation tends to show up first held steady at 3%.
The current level of wholesale inflation suggests annual inflation will persist above the Feds 2% target at least through the early part of the new year.
Read more: https://www.marketwatch.com/story/wholesale-prices-rise-sharply-and-show-new-fed-chief-could-confront-stubborn-inflation-597b071b?mod=home_ln
From the source -
BLS-Labor Statistics
@BLS_gov
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PPI for final demand advances 0.5% in December; services rise 0.7%, goods unchanged
https://bls.gov/news.release/ppi.nr0.htm #PPI #BLSdata
8:32 AM · Jan 30, 2026
Changing OP source as they are all "distracted" by Warsh and running "late" with this.
Original article/headline/link -