Sharp increases in the costs of food and energy sent wholesale prices up 1.6 percent in February from January, the Bureau of Labor Statistics just reported.
It was the largest one-month increase since a 1.9 percent rise in June 2009, BLS says.
The driving forces:
-- Food costs went up 3.9 percent, the largest one-month rise since November 1974, The Associated Press says.
-- Energy costs rose 3.3 percent.
For the year ended Feb. 28, wholesale prices rose 5.6 percent.