WASHINGTON (Jan 30): US producer prices increased more than expected in December, with businesses appearing to pass on higher costs from import tariffs, suggesting inflation could pick up in the months ahead. Last month's larger-than-expected rise in producer prices was led by a 0.7% increase in services. A 1.7% jump in margins for final demand trade services, which measures changes in margins received by wholesalers and retailers, accounted for two-thirds of the increase in services. Businesses had been absorbing some of President Donald Trump's sweeping import tariffs, preventing a sharp increase in inflation. Producer goods prices were unchanged in December.

Source: The Edge Markets January 30, 2026 14:04 UTC