( ) -q-27- UNDATED (Correspondent Jeremy House) “1.9-percent in September.” Wholesale prices in the United States rose last month. [CutID: <Cuts> PPI-house-q-THUam.mp3 Time: 27s Title: PPI-house-q-THUam Out-cue: 1.9-percent in September] TAG: Correspondent Jeremy House reporting. An increase in services prices drove the October increase. Since peaking in mid-2022, inflation has fallen more or less steadily. […]
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US wholesale inflation picks up slightly in sign that some price pressures remain elevated
( ) -q-27- UNDATED (Correspondent Jeremy House) “1.9-percent in September.”
Wholesale prices in the United States rose last month.
[CutID: <Cuts> PPI-house-q-THUam.mp3
Time: 27s
Title: PPI-house-q-THUam
Out-cue: 1.9-percent in September]
TAG: Correspondent Jeremy House reporting. An increase in services prices drove the October increase. Since peaking in mid-2022, inflation has fallen more or less steadily. But average prices are still nearly 20% higher than they were three years ago
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VERBATIM: The increase suggests that the American economy has yet to completely vanquish inflationary pressure. The producer price index — which tracks inflation before it hits consumers — rose 0.2% from September to October. That’s up from a 0.1% gain the month before. Compared with a year earlier, wholesale prices were up 2.4%, accelerating from a year-over-year gain of 1.9% in September.