Wholesale prices grew by twice the rate 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 slowed or even stalled.

Inflation, as measured by the producer price index, rose four-tenths of a percentage point to 3% for the year ending in November, the Bureau of Labor Statistics reported Thursday. The increase in the inflation rate is more than economists had anticipated and adds to recent signs that price pressures have not yet abated as President-elect Trump prepares to take