Wholesale inflation rose 0.5% in September, more than expected

The producer price index increased 0.5% for September, against the Dow Jones estimate for a 0.3% rise. Excluding food and energy, core PPI was up 0.3%, versus the forecast for 0.2%. Inflation pressures came primarily from final demand goods, which surged 0.9% on the month, while services increased 0.3%. A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The producer price index, which measures costs

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