New figures show that British firms' input costs rose last month at their fastest annual rate in more than two years, while factory gate prices also accelerated.
The figures are expected to raise pressure on the Bank of England to raise interest rates sooner rather than later.
The figures suggest pipeline inflation pressures are continuing to build, and will worry BoE policymakers at a time when consumer price inflation is nearly double its 2% target and still rising.
The Office for National Statistics said producer input prices rose 13.4% on the year in January, the biggest rise since October 2008 and well above forecasts for an annual rate of 12.6%.
Producer output prices - prices of goods before they reach consumers - rose 4.8% on the year, the highest rate since May 2010 and also above forecasts for an annual rise of 4.4%.
Data next week is likely to show that consumer price inflation vaulted above 4% in January as a rise in VAT added to pressure from surging oil and commodity prices.
The ONS said the rise in input prices was mainly driven by a 28.8% annual rise in the price of crude oil - the biggest increase since May 2010. Rising prices of imported metals and materials also played a role.
The BoE is having to juggle soaring price pressures with a fragile economic recovery and has held interest rates at 0.5% for almost two years.
The central bank will give clues on the likely path of interest rates next Wednesday when it publishes its quarterly inflation and growth projections.
