After reporting a modest increase in U.S. consumer prices on Tuesday, the Labor Department released a report on Wednesday showing U.S. producer prices increased by more than expected in the month of September.
The Labor Department said its producer price index for final demand climbed by 0.4 percent in September after rising by 0.3 percent in August. Economists had expected prices to edge up by 0.2 percent.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com