Sunday, March 01, 2026

Economy Core Wholesale Prices Rose 0.8% in January, Much More Than Expected

Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday.

Posted by Nixon at 09:30 AM | 5 COMMENTS | permalink

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Inflation was "obliterated" the same way Iran's nuclear program was.

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-- David Rothkopf (@djrothkopf.bsky.social) Feb 27, 2026 at 11:51 AM

Comments

... 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. ...

Diminishing the odds of a Fed rate decrease.

#1 | Posted by LampLighter at 2026-02-27 01:14 PM

For those mathing...

.8% * 12 months is 9.6%, annualized.

Biden's peak, annualized, was 9.1%.

#2 | Posted by Danforth at 2026-02-27 01:23 PM

Polio Bob tells Americans to eat liver instead of beef.

bsky.app

#3 | Posted by reinheitsgebot at 2026-02-27 01:51 PM

What a ------- disaster

#4 | Posted by LegallyYourDead at 2026-02-27 07:39 PM

Well at least gas is going to stay cheap, now that we're Energy Independent, and we don't need oil from the Middle East we're bombing.

Right, Republicans?

#5 | Posted by snoofy at 2026-03-01 11:22 AM

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