A long-delayed report released by the Labor Department on Tuesday showed producer prices in the U.S. increased in line with economist estimates in the month of September.
The Labor Department said its producer price index for final demand rose by 0.3 percent in September after edging down by 0.1 percent in August. The monthly price growth matched expectations.
The report also said the annual rate of growth by producer prices came in at 2.7 percent in September, unchanged from an upwardly revised reading in August.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.