Wholesale Inflation Ticked Up In February

Photo: Khanchit Khirisutchalual / iStock / Getty Images

The latest data from the Labor Department suggests inflation could be on the rise again.

The 'producer price index' rose by 0.6% in the month of February, up from just 0.3% the previous month.

The metric tracks price increases before they reach the retail market.

Overall, wholesale prices are up 1.6% year-over-year.

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