Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago.

US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down the pike to consumers.

Wholesale costs in the U.S. picked up sharply last month, a sign that price pressures are still evident in the economy even though inflation has tumbled from peak levels.

Inflation has proved incredibly stubborn over the fall, the November consumer price index shows, thanks in part to insurance premiums, particularly for autos.

A measure of wholesale prices rose more than expected in November as questions percolated over whether progress in bringing down inflation has slowed, the Bureau of Labor Statistics reported Thursday.

Wholesale prices grew twice as fast as Wall Street predicted, according to a new report from the Bureau of Labor Statistics on Thursday, bringing new fears that efforts to bring down inflation have sl