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U.S. producer price inflation comes in a little hotter in September, highest annual rate in five months

Por: MarketWatch Politics October 11, 2023

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Over the past year, headline PPI is up 2.2% in September, up from 2% in the prior month. This is the highest rate since April. Core prices are up 2.8% from a year earlier, down slightly from 2.9% in August. Key details: For the second straight month, goods prices outpaced service costs, a break in the recent trend. The cost of goods rose 0.9% in September after a 2% gain in the prior month. The cost of services rose 0.3% last month, up slightly... + full article



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