US Producer Prices Rise Most in Three Months on Energy Surge
A measure of producer price inflation showed renewed pressure from rising energy prices last month, potentially adding to the case for an interest-rate hike at the Federal Reserve’s meeting next week. The producer price index rose 0.4% in August from the prior month — the most since May — and 5.4%
<p>A measure of producer price inflation showed renewed pressure from rising energy prices last month, potentially adding to the case for an interest-rate hike at the Federal Reserve’s meeting next week.
The producer price index rose 0.4% in August from the prior month — the most since May — and 5.4% </p>