Jul. Jump in Wholesale Inflation Slows Stock Surge
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The fresh government data this week showed an eye-popping 38% surge in the wholesale price of vegetables in July, the biggest price spike for any product category. A continued rise of that magnitude could noticeably hike vegetable prices at restaurants and grocery stores within a matter of months, some analysts told ABC News.
The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest increase in three years, possibly heralding a sizable acceleration in price increases tied to higher U.
About a quarter of the 3.3% price increase recorded by this month’s producer price index was driven by a spike in wholesale prices for veggies.
A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising inflation remains a risk, intensifying debate over the rationale for an interest rate cut next month and leaving the tension between the U.
A hotter-than-expected wholesale inflation report just made the Federal Reserve’s decision regarding a September rate cut even harder, raising questions of whether higher prices for businesses will be passed on to consumers,
In July 2025, wholesale prices for domestic fresh and dry vegetables skyrocketed 38.9% compared to a year ago, according to the U.S. Bureau of Labor Statistics.
The producer price index for food jumped 1.4% last month as tariff-related increases take effect, raising more concerns about mounting
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Soaring Wholesale Prices Mean Higher Inflation Is Coming. Are Tariffs To Blame?
A key indicator of coming inflation is flashing bright red right now—and tariffs are likely a big part of the reason why.
U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that higher prices for consumers may be on