A key measure of inflation increased faster than expected in September, raising concerns that the Federal Reserve’s aggressive rate hikes are having limited impact in bringing inflation under control. The US Producer Price Index, which tracks what America’s producers get paid for their goods and services, rose at an annual pace of 8.5% in September, down slightly from the 8.7% rise in August, the Labor Department reported Wednesday. But the report showed prices rose 0.4% month-over-month.
Stripping out volatile food and energy prices, the report showed that the prices of other goods were unchanged in September — but the price of services rose 0.4% for the month, ranging from travel to the cost of oil drilling to portfolio management to in-patient hospitalizations. Core PPI, which excludes food and energy from overall producer prices, registered a 0.3% month-over-month increase and a 7.2% rise over the course of the last 12 months.
Don't get how..it's a bakery and nobody have mouth or head covering. It's face caps and busy wives head wraps!😏 Yum's!😒
Simple Putin’s fault
Answer:
Russia's invasion of Ukraine affected the price of fertilizer, anything made from grain or fed grain like cows, pigs and chickens. BTW Trump called Putin a genius for invading Ukraine.
Revolution
CNN are just as responsible as the corrupted elites that’s brought us to such disaster. And we didn’t even talks WWIII that is now evolving thanks to Biden Regime.
Because Biden has zero leadership skills
Because Biden tanked the economy... But let me guess, climate change?
It's called Corporate Greed!
It’s called build back better CNN, complements of the guy you placed in the White House.
People in paradise dey complain. Wetin Nigerians go talk 😳
Because everything is expensive thanks to Biden Fails at every thing he touches
In a podcast, Brazil's President Bolsonaro (67) says: I passing by and 'there was a spark' with a 14 year old venezuelan girl; see this video on Estadão:
put it in perspective; around the world
CNN has become a proxy for MAGA/Fox News. Do not forget that..........
In real news today..
Thanks leftist democrats.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »