US consumer inflation unexpectedly accelerated last month, according to government data published on Wednesday, adding to pressure on the Federal Reserve (Fed) to continue its rate cut pause.

U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled, further undercutting expectations for lower interest rates this year.

The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Bureau of Labor Statistics said on Thursday.

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U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts.

January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.

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