Wholesale inflation was hotter than expected in January as tariffs threaten to push up prices for consumers

By Alicia Wallace, CNN (CNN) — The prices businesses pay to each other took a sharp turn higher in January, new data showed Friday, indicating that more tariff-related price increases could be still to come. The Producer Price Index rose 0.5% last month, a pickup from December’s 0.4% rate, according to the latest data from