Core wholesale prices rose less than expected in September, indicating a potential cooling in pipeline inflation pressures, the Bureau of Labor Statistics reported Tuesday.
The producer price index , a measure of what producers get for final demand goods and services, increased a seasonally adjusted 0.3% on the month, in line with the Dow Jones consensus estimate.
However, excluding food and energy, the index rose just 0.1%, below the 0.2% estimate. Both core and headline PPI had decreased 0.1% in August. Headline PPI was up 2.7% from a year ago, while core rose 2.6%.
In an era of tariff-driven cost pressures for imports, goods prices drove the PPI increase, rising 0.9% on the month, while services prices were flat. The jump in goods prices was the biggest since February 2024, accordi

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