U.S. Inflation Surges 10 Percent But Latest Report Doesn T Include Gas
But because the report does not measure price changes after February 15, it does not reflect a boost in energy and gas prices after Russia invaded Ukraine late last month. Tracked by the producer price index and reflects prices before they hit consumers, wholesale inflation is a separate measure from consumer inflation, the Associated Press reported. The Labor Department said last week that consumer prices jumped 7.9 percent in February compared to the previous year....