Wholesale prices are up nearly 10% over the past year.
The Labor Department released new numbers for January on Tuesday.
Wholesale prices rose 1% from December to January, but 9.7% from January 2021 to January 2022.
Prices for goods increased more than prices for services.
Final demand energy prices rose 2.5% in January.
Food had an increase of 1.6%.
Supply chain disruptions, labor shortages, other pandemic-related issues have made it difficult for manufacturers to meet demand.
This has contributed a sharp increase in consumer prices.
The new numbers come as the Federal Reserve plans to raise interest rates in March.
Citi economists expect a 50-basis-point hike.
