US Producer Prices Up Most Since 2022 as Energy Pain Worsens
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US producer prices rose in September at the fastest pace in more than four years as higher energy costs reverberated through the US economy. The producer price index advanced 1.3% from a month earlier the most since March 2022 and 6.3% from a year earlier, according to Bureau of Labor Statistics data. Stephanie Roth, Chief Economist at Wolfe Research, reacts to the data.