This key inflation measure shows prices rose faster than expected last month | CNN Business

  • 📰 ALNewsNetwork
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

México Noticias Noticias

México Últimas Noticias,México Titulares

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.

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.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

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.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 583. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation ReadingMARKET WRAP: Crypto investors kept $BTC in the narrow range it has been occupying for weeks, as Thursday’s Consumer Price Index release approaches. GWilliamsJr_CMT and _jocelynyang_ report GWilliamsJr_CMT _jocelynyang_ Why you not talking about this! GWilliamsJr_CMT _jocelynyang_ Why are they keeping this a secret GWilliamsJr_CMT _jocelynyang_ Crazy returns in airdrop now 🎁
Fuente: CoinDesk - 🏆 291. / 63 Leer más »

U.S. stocks open lower after hotter-than-expected producer price inflation dataU.S. stocks opened lower on Wednesday after erasing their premarket gains as data showed producer-price inflation accelerated more quickly than expected last...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »