US Producer Price Inflation Hits 6.3%, Highest Since 2022
US producer prices rose 1.3% in September, taking the annual rate to 6.3%, the highest since December 2022 and a full point above the 5.3% consensus forecast. The Bureau of Labor Statistics (BLS) published the PPI at 12:30 GMT today alongside retail sales from the Census Bureau and the Empire State manufacturing survey, and all […]
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