In Arizona, Trump pitches ideas to attract more Border Patrol agents
Wholesale inflation rose 0.6% in February, much more than expected
This increase in wholesale inflation likely indicates that the cost of goods and services increased during February. Factors such as supply chain disruptions, higher energy prices, or increased demand could have contributed to this rise. Businesses often pass these costs onto consumers, so it might result in a temporary increase in consumer prices.
Higher inflation, if sustained, can affect various aspects of the economy. For central banks, it can become a critical factor when deciding whether to raise interest rates. For businesses, it may cause uncertainty about future