#usseptemberppirisesto6.3% Warning: Producer Inflation Hits 6.3%
US wholesale prices are accelerating again. September PPI jumped 1.3% on the month and 6.3% over the past year — the strongest annual gain since late 2022. Energy costs exploded (+10.8%) and gasoline prices rocketed 20.3%. Even excluding food and energy, prices rose solidly. This report raises fresh questions about how quickly inflation can cool and what it means for interest rates and your wallet. Stay alert!$RED $CAP $OGN
US wholesale prices are accelerating again. September PPI jumped 1.3% on the month and 6.3% over the past year — the strongest annual gain since late 2022. Energy costs exploded (+10.8%) and gasoline prices rocketed 20.3%. Even excluding food and energy, prices rose solidly. This report raises fresh questions about how quickly inflation can cool and what it means for interest rates and your wallet. Stay alert!$RED $CAP $OGN