Wholesale inflation rose 0.6% in February, much more than expected

The article discusses how wholesale prices in the U.S. accelerated at a faster-than-expected pace in February, highlighting the following points: 1. The producer price index (PPI) rose by 0.6% in February, exceeding the forecast of 0.3%. This increase follows a 0.3% rise in January. 2. Excluding food and energy, the core PPI accelerated by 0.3%, […]