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March 19, 2026

Wholesale prices rose by a surprisingly hot 3.4% last month, the most in a year

  • The gains were bigger than forecast, and occurred before the war with Iran pushed up energy prices.
    • By PAUL WISEMAN
    AP Economics Writer

    WASHINGTON — U.S. wholesale prices came in hotter than expected in February, driven partly by a sharp increase in food costs.

    The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers — rose 0.7% from January, and 3.4% from February 2025. The year-over-year increase was the most since February 2025.


     
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