U.S. producer prices climbed 10% in February from a year ago

Wholesale inflation in the United States shot up 10% last month from a year earlier — another sign that inflationary pressures remain intense at all levels of the economy. The Labor Department said Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.8% from January. The increases were in line with economists' forecasts. / AP FILE PHOTO/MATT ROURKE
WASHINGTON – Wholesale inflation in the United States shot up 10% last month from a year earlier — another sign that inflationary pressures remain intense at all levels of the economy. The Labor Department said Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.8% from January. The…

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