WASHINGTON (AP) — Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war keep costs elevated. The Labor Department’s ...
Producer prices rose 5.4% year over year. The firmer reading was led by higher diesel fuel prices. The continued persistence ...
US producer prices rose 0.4% in August while annual inflation reached 5.4%. Energy costs drove the increase and traders raised the odds of a Federal Reserve rate hike.
The producer price index, a measure of wholesale prices and a gauge of pipeline cost pressures, rose 0.4%, in line with expectations. Core PPI was up 0.2%, slightly softer than the forecast. On an ...
Sept. 10 (UPI) --Wholesale prices in the United States rose by a seasonally adjusted 0.4% for the month of August, meeting expectations, the U.S. Bureau of Labor Statistics reported Thursday. Annual ...