US Producer Prices Post Biggest Gain in 4-1/2 Years
September producer prices rose by the most in 4-1/2 years, with costs increasing across goods and services. The report also said retail sales beat expectations.
By Lucia MutikaniUS producer prices increased by the most in 4-1/2 years in September amid rising costs for goods and services, the latest indication of inflation broadening out beyond energy products.The report from the Labor Department on Thursday also showed large rises last month in key compone…