U.S. producer prices rise 0.4% in August as energy costs jump 4.2%
AI Summary
U.S. producer prices rose 0.4% in August.
Energy costs jumped 4.2% during August.
Core PPI excluding food, energy and trade services rose 0.3%.
U.S. producer prices rose 0.4% in August, accelerating from July as energy costs jumped 4.2%. The core PPI (Producer Price Index) excluding food, energy and trade services increased 0.3%.
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