US producer price inflation eases to still-high 8.5%

US producer price inflation eases to still-high 8.5%

WASHINGTON (AP) — Inflation at the wholesale level rose 8.5% in September from a year earlier, the third straight decline, though costs remain at painfully high levels.
Wednesday’s report from the Labor Department also showed that the producer price index — which measures price changes before they reach the consumer — rose 0.4% in September from August, after two months of declines.


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