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Martin Crutsinger
AP Economics Writer
More from Martin Crutsinger
Consumer Trends
US Consumer Confidence Hits Highest Mark Since Pandemic Began
Consumer sentiment is expected to keep rising in coming months which will provide more support for consumer spending.
Supply Chain
Higher Food Costs Lead Rise in April Wholesale Prices
The 0.6 percent increase in the producer price index was double the gain that economists had been forecasting.
Supply Chain
November Consumer Prices Rise 0.2%
A rise in the cost of energy and a number of other goods offset a drop in food costs.
Supply Chain
Wholesale Prices Up 0.3% as Food Costs Jump
Food costs rose 2.4 percent, the biggest increase since a 5.6 percent surge in May that was tied to shortages caused by the pandemic.
Supply Chain
September US Wholesale Prices up 0.4% Amid Higher Food Prices
It reflected in part a 1.2 percent increase in food costs, the sharpest rise since a 5.6 percent spike in May when many food plants were shut down.
Supply Chain
US Wholesale Prices Up 0.3% in August Amid Lower Food Costs
The latest producer price index — which measures inflation before it reaches consumers — followed a 0.6% surge in July.
Supply Chain
May Wholesale Prices Rose 0.4%
The increase followed three straight months of decline.