
Wholesale inflation heated up again last month, reversing recent progress
A worker stacks off-cut planks of pine wood on a forklift at Woodstock Wood sawmill in Saugerties, New York, on April 10, 2024.Angus Mordant/Bloomberg/Getty Images/File CNN — US wholesale inflation picked up more than expected in October, indicating that some price pressures persist at the producer level. The Producer Price Index, a measurement of average…