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Spike in Producer Prices Surprises Analysts

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Spike in Producer Prices Surprises Analysts

Economy

Spike in Producer Prices Surprises Analysts

Spike in Producer Prices Surprises Analysts

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  • <iframe src="https://www.npr.org/player/embed/4173180/4173181" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Inflation at the wholesale level shot up last month, rising 1.7%. That's the biggest increase in years and was well above what most analysts on Wall Street were expecting. Food and energy prices both fueled the increase. NPR's Jim Zarroli reports.