Is That Inflation Mr. Market Is Sniffing Out?

Hooker Furniture said rising leather costs forced it to raise prices last quarter. Yum! Brands talked about higher-than-expected commodity inflation, and therefore, higher menu prices. Lighting company Acuity Brands said prices of some of the commodities it uses are rising and some are not, but the Georgia-based company said it's feeling the impact of higher health-care and wage costs.