US Wholesale inflation jumped last month by most in four years as gas prices soared
· economictimes.indiatimes.com
Wholesale inflation rose unexpectedly in September due to significant increases in fuel costs and other goods. The Labor Department reported a 6.3% rise in the producer price index compared to last year. Month-to-month wholesale prices increased by 1.3%, marking the largest monthly jump since March 2022. Core prices also saw a notable rise, up to 5% from the previous year.
as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!
(You can now subscribe to our
(You can now subscribe to our Economic...