US Producer Price Index Rises on Higher Energy, Food Costs (3)

US wholesale inflation picked up in September from a month earlier on higher energy and food costs that offset more modest advances in other consumer goods.

The producer price index rose 0.3% from a month earlier after easing in August, according to the Bureau of Labor Statistics. The increase matched the median projection in a Bloomberg survey of economists.

Excluding food and energy, the PPI rose by less than forecast from August and climbed 2.6% from a year ago — the smallest gain since July 2024.

The report out Tuesday, originally scheduled for Oct. 16 release, ...