Wholesale Prices in U.S. Rose More Than Forecast in September
This article is for subscribers only.
Wholesale prices in the U.S. rose by more than projected in September, helped by higher costs for energy and food and indicating inflation may be picking up.
The producer-price index increased 0.3 percent, the first gain in three months, after being little changed in August, a Labor Department report showed Friday. The median forecast of economists surveyed by Bloomberg called for a 0.2 percent gain.