Core wholesale prices rose 0.8% in January, much more than expected
Source: CNBC
Published Fri, Feb 27 2026 8:33 AM EST Updated 14 Min Ago
Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday.
The core producer price index, which excludes volatile food and energy prices, increased a seasonally adjusted 0.8%, more than the 0.6% gain in December and well ahead of the Dow Jones consensus estimate for 0.3%.
On an all-items basis, the headline PPI rose 0.5%, also above the forecast for 0.3% and 0.1 percentage point more than the prior month.
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.
Read more: https://www.cnbc.com/2026/02/27/ppi-january-2026-.html
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PPI for final demand advances 0.5% in January; services rise 0.8%, goods decrease 0.3% https://bls.gov/news.release/ppi.nr0.htm #PPI #BLSdata
8:31 AM · Feb 27, 2026
Article updated.
Previous articles -
Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday.
The core producer price index, which excludes volatile food and energy prices, increased a seasonally adjusted 0.8%, more than the 0.6% gain in December and well ahead of the Dow Jones consensus estimate for 0.3%. On an all-items basis, headline PPI rose 0.5%, also above the forecast for 0.3% and 0.1 percentage point more than the prior month.
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.
Services prices primarily drove the increase, with a 0.8% month increase that was the highest since July 2025. By contrast, goods prices actually fell 0.3%, though core goods prices rose 0.7%.
Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday.
The core producer price index, which excludes volatile food and energy prices, increased a seasonally adjusted 0.8%, more than the 0.6% gain in December and well ahead of the Dow Jones consensus estimate for 0.3%.
On an all-items basis, headline PPI rose 0.5%, also above the forecast for 0.3% and 0.1 percentage point more than the prior month.
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Original article -
The core producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.
This is breaking news. Please refresh for updates.
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