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WASHINGTON, Oct 15 (Reuters) — US 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 Producer Price Index for final demand jumped 1.3% last month, the largest gain since in March 2022,
U.S. producer prices for goods rose 2.6% month over month in September.
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The Bureau of Labor Statistics reports U.S. PPI was unchanged in July, with annual producer inflation easing to 4.7% from 5.5% and core PPI rising 0.2% month over month.