Wholesale inflation surges 11.3% in June, accelerating more than expected - Fox Business

7/14/2022 12:00:00 AM2 years 9 months ago
by Megan Henney
by Megan Henney
The producer price index, which measures inflation at the wholesale level before it reaches consumers, accelerated again in June, the Labor Department said on Thursday.
Wholesale prices accelerated again in June as inflation seeps throughout every part of the U.S. economy, squeezing businesses and American households in the form of higher prices for most necessities… [+3555 chars]
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