The producer price index rose 6.3% year over year, the largest annual increase since 2022. Energy costs drove the index higher, and there are signs of price spillover into other categories. The PPI data comes on the heels of Wednesday’s CPI release, which was also hotter than economists anticipated on an annual basis. 
September’s producer price index came in much hotter than economists forecast on Thursday, underscoring the continued inflationary pressure from energy amid the U.S. war with Iran.
The measure
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