Producer price inflation rose to 5.4% in August, adding to pressure on Fed

Inflation, as measured by the producer price index, ticked up six-tenths of a percentage point to 5.4% for the year ending in August, the Bureau of Labor Statistics reported Thursday. Economists have been closely examining inflation reports because of the higher energy prices stemming from the war with Iran and fears that they will translate […]

Read it at Washington Examiner ↗

← Front page