Prices of Goods Climbed Record 2.4 Percent in February

  • by:
  • 03/02/2023

Supplier prices for goods rose 2.4 percent in February, the biggest increase since data for the metric was first calculated over 10 years ago. 

As reported by The Hill, most of the increase was due to a spike in energy prices, the Labor Department said, which noted a 14.8 percent rise in the index for gasoline. 

Disregarding food and energy, supplier prices for goods rose 0.7 percent. 

The overall producer-price index, which includes goods and services, was up 0.8 percent in February, leveling off slightly from a 1.2 percent increase in January.

Image: by is licensed under
ADVERTISEMENT

Opinion

View All

New Zealand left-wing MP suddenly collapses and dies at 49 after backing Covid mandates

Collins was a vocal proponent of Covid vaccinations and mandates and advertised for a "Vaxathon" held...

JACK POSOBIEC: 'Are you ready for President Kamala Harris?'

"There are actually people in Biden's cabinet ... that are discussing the 25th Amendment."...

UK military to allow trans-identified male service members into female-only accommodations

Active females in the military say they are uncomfortable with the policy decision....

POSO and LIBBY EMMONS at CPAC: The mainstream media wanted the KC parade shooters to be 'MAGA'

"Suddenly, they're doing everything they can to downplay this or they'll blame it on the gun."...