U.S. Wholesale Prices Jump 1.9%, Highest in 31 yrs; Inflation Worries Increase

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00016945-us-wholesale-prices-jump-19-highest-in-31/

By Rex Nutting, MarketWatch

U.S. wholesale prices rose a larger-than-expected 1.9% in September, the biggest jump in 31 years, the Labor Department said Tuesday.

Price increases were led by a 7.1% rise in wholesale energy prices, the biggest jump in 15 years. Food prices also soared, rising 1.4% on a record 49% increase in egg prices.

Core prices, which exclude food and energy, increased 0.3% as prices for capital goods increased 0.3%. Car prices increased 0.9% and heavy truck prices climbed 1%.

For this complete story, please visit PPI surges 1.9%, most since 1974.

U.S. Wholesale Prices Jump 1.9%, Highest in 31 yrs; Inflation Worries Increase

Unknown Author

Featured Resources

Webinars

RA Compliance Corner: Managing Your Service Providers- Do you really have it all in order?

About