U.S. wholesale prices picked up in February in sign that inflation pressures remain elevated

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FILE - A worker at Reata Engineering and Machine Works prepares a Hexagon machine used to confirm that parts meet customer standards in Englewood, Colo. The Labor Department said Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.6% from January to February, up from a 0.3% rise the previous month. Measured year over year, producer prices rose by 1.6% in February. / ASSOCIATED PRESS FILE PHOOT / DAVID ZALUBOWSKI

WASHINGTON (AP) – Wholesale prices in the United States accelerated again in February, the latest sign that inflation pressures in the economy remain elevated and might not cool in the coming months as fast as the Federal Reserve or the Biden administration would like. The Labor Department said Thursday that its producer price index —

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