Inflation Alert: Producer Prices Rise More Than Expected

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Producer price data for September was bad news for people looking for relief from rising prices. The Producer Price Index (PPI) rose by 0.4%, doubling the 0.2% projected increase, according to data released by the Bureau of Labor Statistics (BLS). On an annual basis, PPI rose 8.5%. This was down slightly from 8.7% in August, […]

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