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U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates.

Prices at the wholesale level surged by a record 9.7% for all of 2021, setting an annual record and providing further evidence that inflation is still present at all levels of the U.S. economy.

WASHINGTON — Inflation at the wholesale level jumped a higher-than-expected 1% in July, matching the rise from the previous month, and dimming hopes that the upward trajectory of prices would begin to slow.

WASHINGTON — U.S. wholesale prices fell 0.6% in February, the biggest decline in five years, led by a sharp drop in energy costs.

WASHINGTON — U.S. wholesale prices edged up a slight 0.1% in August as energy prices took a big plunge, a further sign that inflation is remaining tame.

WASHINGTON — U.S. wholesale prices rose by the most in six years last month, led higher by more expensive gas, food and chemicals. The Labor Department said Nov. 9 that the producer price index — which measures price increases before they reach the consumer — leapt 0.6% in October, after a smaller 0.2% rise in September.

WASHINGTON — U.S. wholesale prices fell unexpectedly last month for the first time since February 2017, pulled down by falling prices for transportation and warehousing services. The drop suggests that inflationary pressures may be easing despite the strength of the U.S. economy.

U.S. wholesale prices were unchanged in July as costs for services fell for the first time this year, a Labor Department report showed Aug. 9.

Wholesale prices were little changed in May from the prior month, reflecting declines in the costs of fuel and food, Labor Department data showed June 13.