U.S. Wholesale Price Index Shows Accelerating Year-Over-Year Inflation in September
The U.S. wholesale price index, which measures producer-side inflation, slowed month-on-month in September, but continued to accelerate year-over-year, climbing to its highest level since April, driven again by gasoline prices. Prices rose 0.5% month-on-month in September, compared to 0.7% in August, according to the PPI producer price index released Wednesday by the Labor Department. The … Read more