US producer prices rose 0.4 percent in September

WASHINGTON (AP) — Rising energy costs led prices at the wholesale level to climb 0.4 percent in September — a bout of inflation that happened in the wake of Hurricane Harvey closing a critical number of U.S. gasoline producers.

The Labor Department said Thursday that its producer price index, which measures inflation pressures before they reach the consumer, has risen 2.6 percent over the past 12 months. September’s burst of inflation is likely the result of oil refineries shuttering...

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