US Wholesale PPI Rises 0.4% in August on Energy Surge — SkimNews
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- US wholesale prices (PPI) rose 0.4% in August, in line with economist expectations, as energy costs surged to deliver the biggest monthly producer price gain in three months.
- Wholesale meat prices were mostly down in August even as the broader producer inflation gauge reignited — a detail in cross-coverage that the energy-driven headline masks.
Why it matters: The 0.4% August PPI rise — the largest in three months and fueled by climbing oil and energy prices — confirms wholesale inflation remains stubbornly elevated rather than cooling. Energy-sensitive producers and downstream buyers face continued cost pressure from oil's climb.
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