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US producer inflation tops expectations as energy costs jump amid Iran war
The Producer Price Index was up 5.4 per cent year-on-year last month, a significant acceleration from the 4.8 per cent rise in July.
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washingtonexaminer.com
Producer price inflation rose to 5.4% in August, adding to pressure on Fed
Economists have been closely examining PPI reports and other inflation reports given the ongoing war with Iran and higher prices.
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independent.co.uk
Wholesale prices moved higher last month in latest sign of stubborn inflation
Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war are keeping costs elevated
