BUSINESS● ELEVATED5d ago · Sep 10, 2026, 2:28 PM
US producer inflation tops expectations as energy costs jump amid Iran war
South China Morning Post · north america
US wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month – particularly for diesel – as the US war with Iran continued. Rising prices at the pump are squeezing US households and businesses weeks ahead of key midterm elections, pressuring President Donald Trump’s administration, as average diesel costs hit new highs. The Producer Price Index (PPI) was up 5.4 per cent year-on-year last month, the Department of Labour...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS18m agoAlvotech wins double upgrade at Barclays on upcoming FDA decisionSeeking Alpha TechBUSINESS18m agoSalesforce expands Missionforce across U.S. government agencies and militarySeeking Alpha Tech