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U.S. Wholesale Prices Surge Amid Inflation and Energy Crisis

3/19/2026

36 3 Full Breakdown

Summary

Story summary

U.S. wholesale prices rose in February, with the producer price index up 0.7% from January and 3.4% year over year, the highest since February 2025.
Food costs surged, especially vegetables, which rose 49%.
Core wholesale prices increased 0.5%.
The Federal Reserve is meeting to discuss rates as inflation pressures rise amid Iran's conflict driving energy prices higher.
Market reactions included stock futures down and Treasury yields up.

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Story summary

U.S. wholesale prices rose in February, with the producer price index up 0.7% from January and 3.4% year over year, the highest since February 2025.
Food costs surged, especially vegetables, which rose 49%.
Core wholesale prices increased 0.5%.
The Federal Reserve is meeting to discuss rates as inflation pressures rise amid Iran's conflict driving energy prices higher.
Market reactions included stock futures down and Treasury yields up.