( ) -q-23- UNDATED (Correspondent Jeremy House) “since February 2023.” Wholesale costs in the United States picked up sharply last month. [CutID: <Cuts> PPI-house-q-THUam.mp3 Time: 25s Title: PPI-house-q-THUam Out-cue: since February 2023] TAG: Correspondent Jeremy House reporting. Higher food prices helped fuel the November wholesale inflation reading, which was higher than economists had expected. ——————————- […]
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US wholesale inflation accelerated in November in sign that some price pressures remain elevated
( ) -q-23- UNDATED (Correspondent Jeremy House) “since February 2023.”
Wholesale costs in the United States picked up sharply last month.
[CutID: <Cuts> PPI-house-q-THUam.mp3
Time: 25s
Title: PPI-house-q-THUam
Out-cue: since February 2023]
TAG: Correspondent Jeremy House reporting. Higher food prices helped fuel the November wholesale inflation reading, which was higher than economists had expected.
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VERBATIM: The producer price index rose 0.4% in November. That was up from 0.3% the month before. November’s figure signals that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. Measured from 12 months earlier, wholesale prices climbed 3% in November, the sharpest year-over-year rise since February 2023.