Wholesale prices see biggest rise since 2022, underlining inflation problem

Wholesale prices rose 1.3% in September, the largest jump since March 2022, the government said Thursday in a key inflation report before the midterm elections.

Wholesale prices see biggest rise since 2022, underlining inflation problem

TL;DR

  • Wholesale prices increased by 1.3% in September.
  • This is the largest rise in wholesale prices since March 2022.
  • The inflation report was released by the government on Thursday.
  • The report is considered a key inflation indicator before the midterm elections.