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US wholesale inflation slows, but price pressures re-emerge

An employee restocks meats at a grocery store on Tuesday, Jan. 17, 2023, in North Miami, Fla. On Thursday, the Labor Department releases the producer price index for January, an indicator of inflation at the wholesale level that's closely monitored by the Federal Reserve. (AP Photo/Wilfredo Lee) Ford Broncos line the front of Gus Machado's Ford dealership Monday, Jan. 23, 2023, in Hialeah, Fla. On Thursday, the Labor Department releases the producer price index for January, an indicator of inflation at the wholesale level that's closely monitored by the Federal Reserve. (AP Photo/Marta Lavandier) File - Bins of Cabernet Sauvignon grapes are loaded onto a trailer during harvest at Inglenook in Rutherford, Calif., Wednesday, Sept. 21, 2022. On Thursday, the Labor Department releases the producer price index for January, an indicator of inflation at the wholesale level that's closely monitored by the Federal Reserve. (AP Photo/Eric Risberg, File) File - A consist of John Deere tractors sit in Norfolk Southern's Conway Yard in Conway, Pa., Monday, Dec. 5, 2022. On Thursday, the Labor Department releases the producer price index for January, an indicator of inflation at the wholesale level that's closely monitored by the Federal Reserve. (AP Photo/Gene J. Puskar, File)