GgoogleCA first seen 1 d ago, last 1 d ago, peak #1
US Producer Prices Post Biggest Rise in Over Four Years
Original: ppi
US producer prices rose in September by the largest margin in more than four years, according to Bloomberg. The jump in the Producer Price Index, a key measure of inflation at the wholesale level, is drawing attention across markets and among policymakers, with the news trending in the US, UK and Singapore as investors weigh the implications for Federal Reserve rate decisions.
Why now: The biggest producer price increase in over four years fuels debate about inflation and the outlook for interest rates.
United StatesFederal ReserveBloomberg
Rank over time, top of the chart is #1. 4 snapshots from 1 d ago to 1 d ago.
Evidence
- Businesses were hit even harder by inflation last month than consumers · NBC News
- PPI report today: September wholesale prices rose faster than expected, putting new pressure on Fed — live updates · MarketWatch
- US Producer Prices Rise by Most in More Than Four Years · Bloomberg.com
Elsewhere
API: https://socialmediatrends-api.osmike.com/v1/trends/2362438