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Wholesale Inflation Accelerated in December and Again Puts Pressure on Consumer Prices
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The increase was 2.4% monthly, with strong increases in food and energy. The data again cast doubt on the speed of deinflation and anticipates pressures on consumer prices. The inflationary dynamics showed in December a new warning signal from the wholesale front. wholesale prices recorded an acceleration compared to the previous months, driven by increases in food, fuel and industrial goods, sectors with direct impact on the consumption and cos…
The increase was driven by increases in key products such as food, fuel and industrial goods, which reinforces the risk of moving to consumer prices.
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