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Inflation rose to 1.6% in August in producer price index

By Zach Halaschak
Published September 14, 2023 12:32pm ET
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Inflation rose to 1.6% in August in producer price index
Inflation, as measured by the producer price index, ticked up to 1.6% for the year ending in August, the second such month of increases. The new numbers were released on Thursday by the Bureau of Economic Analysis. Most economists had anticipated an increase after wholesale inflation bottomed out in June, although last month’s jump was […]

Inflation, as measured by the producer price index, ticked up to 1.6% for the year ending in August, the second such month of increases.

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