Mmastodon BusinessEconomy first seen 5 d ago, last 5 d ago, peak #9
US producer prices post largest rise in 4-1/2 years
Original: US producer prices post largest increase in 4-1/2 years in September US producer prices post largest increase in 4-1/2 y
US producer prices recorded their largest monthly increase in four and a half years in September, adding to concerns that tariffs and other pressures are feeding through to wholesale costs and ultimately consumer prices. Reaction online has been sharply critical of the Trump administration's economic management, with commenters arguing that rising costs come on top of goods many households already struggle to afford.
Why now: The surprising surge in wholesale inflation raises fears that price pressures are accelerating and will hit consumers.
United StatesUS producer pricesDonald Trump
Evidence
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