Oil and Gas Costs Send US Producer Prices Higher
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The US producer price index for September 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 out Thursday. Energy prices rose 10.8% in September. Bloomberg's Enda Curran reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloomber
Tags: Annmarie Hordern, Consumer Goods; Retail, Enda Curran, Energy, Federal Reserve, Inflation, Jonathan Ferro, Producer Price Index, Stock Market News, retail sales
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