Brief24US Producer Prices Up Most Since 2022 as Energy Pain Worsens
Bloomberg·+3
thehill.comUS producer prices rose in September at the fastest pace in more than four years as higher energy costs reverberated through the US economy. The producer price index advanced 1.3% from a month earlier — the most since March 2022 — and 6.3% from a year earlier, according to Bureau of Labor Statistics data. Stephanie Roth, Chief Economist at Wolfe Research, reacts to the data. (Source: Bloomberg)
