Wholesale inflation in US rises 2.2% in Sept, biggest year-over-year gain since April

11-10-2023 Business NY Post - Business 23

U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates. The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers — climbed 2.2% from a year earlier. That was up...

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