U.S. Producer Prices Rose 1.3% in September, Fastest Since March 2022
The Labor Department said the producer-price index rose 1.3% in September, up from a 0.4% increase in August and its largest advance since March 2022.
By Dean SealPrices charged by American producers surged in September at their fastest clip in more than four years, according to the Labor Department.The producer-price index rose by 1.3% last month, versus a 0.4% increase in August. It's the index's largest advance since March 2022. Economists pol…