Core wholesale prices rose less than expected in September; retail sales gain

Core wholesale prices rose less than expected in September; retail sales gain

Core wholesale prices rose less than expected in September, indicating a potential cooling in pipeline inflation pressures, the Bureau of Labor Statistics reported Tuesday. The producer price index, a measure of what producers get for final demand goods and services, increased a seasonally adjusted 0.3% on the month, in line with the Dow Jones consensus … Read more