US Producer Prices Up Most Since 2022 as Energy Pain Worsens - Bloomberg — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- US Producer Prices jumped 6.3% annually in September, registering the biggest annual increase since 2022
- Energy costs are worsening and driving the wholesale price spike, with outlets framing the broader economy as "too-hot-for-comfort" ahead of the midterms
Why it matters: With wholesale inflation hitting its fastest pace since 2022 and energy named as the accelerant, affordability is back in focus for consumers and candidates in both parties ahead of November's midterms.
Ask SkimNews
