Wholesale Cost Increases During Government Shutdown Highlight Persistent U.S. Inflation

During the 43‑day U.S. federal government shutdown, the cost of wholesale goods and services continued to climb, underscoring that inflation pressures remain entrenched in the American economy. According to a delayed producer price report, wholesale prices rose 0.2% in November and 0.1% in October, with the year‑over‑year increase in wholesale costs moving up to 3% from the previous 2.8%. Core inflation, which excludes volatile food, energy and trade costs, also rose, with its annual rate hitting 3.5%, a nine‑month high. These figures suggest that inflation remains above the Federal Reserve’s 2% target, even as price increases appear to have eased since summer. However, incomplete data collection during the shutdown means economists expect it could take several more months to get a clearer picture of inflation trends. Markets reacted to this news with expectations of potential stock declines. #Inflation #WholesalePrices #USEconomy #GovernmentShutdown #SlimScan #GrowthStocks #CANSLIM